Why Michael Saylor Invested 700M Dollars In Bitcoin
Michael Saylor made headlines when his company MicroStrategy publicly purchased $425M worth of Bitcoin. This massive buy order ignited the \u201cMicroStrategy Effect," forcing major companies to consider purchasing Bitcoin to hedge against inflation\xa0and dangerous monetary policy. On the day of the recording, Michael also divulged his own purchase of Bitcoin - in excess of $200M.\nScott Melker and Michael Saylor further discuss Michael Saylor Bull, Bull, Bull, joining Crypto Twitter, falling in love with Bitcoin, channeling monetary energy, the \u201cMicroStrategy Effect\u201d, running a company with 1,000s of employees, the problem with inflation, COVID\u2019s impact, the new normal, a \u201cK shape recovery,\u201d the FED injecting money, cash flow and monetary expansion, shorting the dollar and more.\n---\nVOYAGER\nThis episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Download the Voyager app and use code \u201cSCOTT25\u201d to get $25 in free Bitcoin when you create your account.\n---\nELECTRONEUM\nElectroneum, has gained widespread adoption providing a mobile-first payment solution to the world's unbanked, attracting more than 4M users worldwide in less than three years. They have since launched a new freelance marketplace, AnyTask.com, which is providing thousands of freelancers the opportunity to sell their services to buyers globally, without the need of a bank account. Learn more at Electroneum.com.\n---\nIf you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io