00:00:00
I think the risk reward proposition for
00:00:01
Bitcoin in the year 2024 is um is better
00:00:05
than any other time in the history is it
00:00:07
too late well can you actually take all
00:00:11
of your property put it in your pocket
00:00:13
and leave the country on one day notice
00:00:16
if you need
00:00:17
to if not then you're probably not too
00:00:21
late Bitcoin represents digital property
00:00:23
what's the value of digital property
00:00:25
hundreds of trillions of dollars is it
00:00:28
overvalued not yet it's a trillion
00:00:30
dollars right now so when it's a 100
00:00:33
times more valuable than it is right now
00:00:35
will it be overvalued not likely it's
00:00:38
probably still going to be appreciating
00:00:39
faster than every other thing you can
00:00:41
buy why because it's better than every
00:00:43
other thing you can buy show me a hotel
00:00:45
you can put in your pocket and
00:00:47
teleport right a billion dollars a gold
00:00:49
C is like £3,000 right how you going to
00:00:52
move that right Bitcoin is the new
00:00:54
digital gold and owning just 0.1 of it
00:00:57
could change your whole life as you know
00:00:59
it that's the latest word from Michael
00:01:01
sailor executive chairman of micro
00:01:03
strategy Bitcoin is blowing up and
00:01:06
according to him you don't need to be a
00:01:08
millionaire to get in on the action
00:01:09
sailor makes it clear that Bitcoin is
00:01:11
not like your regular money or stocks
00:01:13
because it's way better only 21 million
00:01:16
Bitcoins will ever exist and that's it
00:01:19
nobody can print more of it like
00:01:21
governments do with fiat currency sailor
00:01:24
also stresses that you don't even need a
00:01:26
full Bitcoin to experience the benefits
00:01:28
he explains that even just 0.1 Bitcoin
00:01:31
could make a huge difference make sure
00:01:33
to stick around until the end of the
00:01:34
video as Michael sailor reveals more
00:01:37
details about how a fraction of Bitcoin
00:01:39
could be a lifechanger also guys only a
00:01:42
small percentage of my viewers are
00:01:44
actually subscribed if you enjoy staying
00:01:46
up to date with Finance content consider
00:01:48
subscribing or liking the video it's
00:01:50
free and you can always change your mind
00:01:53
now here's Michael sailor explaining why
00:01:55
nothing can stop Bitcoin you mentioned
00:01:57
Warren Buffett and we were talking about
00:02:00
diversification and how that's people
00:02:02
don't get rich we write to 50,000 people
00:02:05
on our email list every day and the most
00:02:08
common question we always get is am I
00:02:11
too late to bitcoin and you mentioned
00:02:14
when Warren Buffett his best trade was
00:02:15
buying apple and he was 20 years late to
00:02:18
it so uh yeah big push back we get is
00:02:21
that the cost of living has gone up so
00:02:23
much wages and people's salaries haven't
00:02:26
increased at the same pace and at this
00:02:28
point it's impossible for some people to
00:02:30
accumulate one whole Bitcoin and even to
00:02:33
get to 0.1 Bitcoin is a stretch at this
00:02:35
point what would be your response to
00:02:37
people that think they're too late to
00:02:39
bitcoin or that they're too late to the
00:02:41
party they see it at 50,000 and they
00:02:43
think that the boat has left the port
00:02:45
and that they're too
00:02:48
late I think the risk reward proposition
00:02:50
for Bitcoin in the year 2024 is um is
00:02:54
better than any other time in the
00:02:56
history of the asset because because you
00:02:59
have institutions adoption you have
00:03:01
regulatory Clarity you see Capital
00:03:03
coming into the space and yet still you
00:03:07
can do the survey yourself ask a hundred
00:03:09
of your friends if if they're fully
00:03:11
invested in Bitcoin and if they
00:03:13
understand it and if 95 say
00:03:15
no right I would say do your own
00:03:17
research but bitcoin's 15 years old so
00:03:21
let's look at other great Investments 15
00:03:24
years after Manhattan was founded was it
00:03:26
a good investment
00:03:29
we could just start from we could start
00:03:31
200 years after man manhatt was found in
00:03:34
1776 roll the clock forward
00:03:38
1791 was it a good investment in was
00:03:40
real estate Manhattan in 1791 a good
00:03:44
investment was it a good investment in
00:03:46
1865 after the Civil War was it a good
00:03:49
investment in 1970 was it a good
00:03:52
investment 15 years afterwards in you
00:03:54
know
00:03:56
1995 like it's was it a good investment
00:04:00
in London 20 years ago like 2,000 years
00:04:03
after the Romans showed up in London was
00:04:05
it a good investment to buy London
00:04:08
property right I mean these are scarce
00:04:10
desirable properties right it's it's 15
00:04:13
years late is not
00:04:15
late right that the difference between
00:04:17
the winners and the losers is the
00:04:20
winners buy something
00:04:23
valuable and the losers are afraid right
00:04:27
the losers are afraid to buy the
00:04:29
valuable thing thing because it's too
00:04:30
expensive New York real estate was the
00:04:33
most expensive real estate in the United
00:04:35
States 300 years
00:04:38
late right it's it's always been the
00:04:41
most
00:04:42
expensive Apple computer was uh founded
00:04:45
I think
00:04:46
1976 around
00:04:48
then 15 years after Apple computer was
00:04:51
founded wasn't a good investment right
00:04:54
check the price of Apple stock in 1993
00:04:57
or 1996 I think 1998 you know Michael
00:05:01
Dell told told the board they should
00:05:03
shut it down give the money back to the
00:05:04
shareholders but but the truth is you
00:05:08
know at many many points in time it was
00:05:11
a good investment I think uh you know as
00:05:15
i' said the real key is to understand
00:05:17
what is bitcoin's use case it's you it's
00:05:19
digital Capital well how big is that
00:05:24
$400
00:05:26
trillion right how much capital is is is
00:05:30
locked up in real estate Equity currency
00:05:34
bonds Collectibles trophy assets
00:05:39
precious metals in the year
00:05:42
2024 right there probably half the value
00:05:45
of most residential real estate is the
00:05:47
monetary premium it's the capital so
00:05:51
like how do you know this I I give you a
00:05:53
little test uh go to Miami Beach go up
00:05:56
and down the beach and then count the
00:05:57
number of lights on in a Condo building
00:06:01
on the beach or go to go to Monaco and
00:06:04
count the number of lights on and what
00:06:06
you'll find is that uh 80 to 90% of all
00:06:11
of the condos don't have lights on at
00:06:12
night so people have huge amounts of
00:06:16
capital tied up in these uh these idle
00:06:19
assets and and there's a lot of reasons
00:06:22
for them but one reason is because they
00:06:24
feel like their money is safer
00:06:26
there so in the 20th century people
00:06:29
basically bought sports teams I mean ask
00:06:32
yourself what do rich people own when
00:06:34
they get rich they bought sports teams
00:06:37
they bought real estate they bought
00:06:39
companies they bought land they bought
00:06:41
Timber rights they bought oil rights
00:06:43
they bought gold they bought you know
00:06:46
bonds they just bought stuff why because
00:06:49
they knew if they left their money in
00:06:50
the bank it was going to dwindle away
00:06:54
buy anything they buy picassos they buy
00:06:56
art right they buy they buy stuff so
00:07:00
there was never a perfect digital
00:07:02
Capital there was never a digital
00:07:04
instrument where I
00:07:06
could like if if you were a rich Russian
00:07:09
and you had a choice between buying a
00:07:11
bunch of real estate in Moscow or buying
00:07:14
Bitcoin well with uh ex postao hindsight
00:07:18
looking back for the last 30 years okay
00:07:21
now let's play that out and you're a
00:07:22
rich Nigerian now you're a rich you know
00:07:25
Turk now you're rich in Lebanon right if
00:07:28
you and and we don't have to be rich you
00:07:29
can anybody with any amount of money
00:07:32
anywhere in the world right you know
00:07:35
you've got the last 100 years of History
00:07:37
you live in Germany in 1930 what do you
00:07:39
want a building or Bitcoin you know you
00:07:42
live in you live in Argentina what do
00:07:44
you want you want to own land you want
00:07:45
to own a building you want a company you
00:07:47
want
00:07:47
Bitcoin the currency is going to
00:07:49
collapse five times in 140 years five
00:07:53
times
00:07:54
right okay so this is why we want to
00:07:57
study history
00:07:59
if you study history you're going to
00:08:01
find that the currency collapsed
00:08:04
thousands of times in fact on average it
00:08:07
collapses
00:08:08
everywhere probably it collapses
00:08:10
everywhere on average every 50
00:08:13
years in the history of the world and
00:08:15
that's maybe me being charitable so is
00:08:18
it too late well can you actually take
00:08:22
all of your property put it in your
00:08:23
pocket and leave the country on one day
00:08:26
notice if you need to if not then you're
00:08:30
probably not too
00:08:32
late right so if you go through that
00:08:35
exercise you can't take your building
00:08:36
with you you can't take your bars of
00:08:38
gold with you you can't take your stock
00:08:40
shares with you you know you people for
00:08:43
a while they bought paintings thinking
00:08:45
I'll roll them up but you know might not
00:08:47
be the easy to you know and the average
00:08:49
person can't buy picassos they're not
00:08:52
quite exactly at the price point how do
00:08:53
you buy $237 of Picasso a week right so
00:08:58
so Bitcoin repres presents digital
00:09:00
property what's the value of digital
00:09:02
property hundreds of trillions of
00:09:04
dollars is it overvalued not yet it's a
00:09:07
trillion dollars right now so when it's
00:09:10
a hundred times more valuable than it is
00:09:12
right now will it be overvalued not
00:09:14
likely it's probably still going to be
00:09:16
appreciating faster than every other
00:09:18
thing you can buy why because it's
00:09:19
better than every other thing you can
00:09:20
buy show me a hotel you can put in your
00:09:23
pocket and
00:09:24
teleport right a billion dollars a gold
00:09:27
C is like £3,000 right how you going to
00:09:29
move that as of November 17th 2024 micro
00:09:33
strategy holds a jaw-dropping
00:09:36
331,000 BTC acquired for approximately
00:09:39
16.5 billion at an average price of $
00:09:43
49,8 se4 per Bitcoin and the results
00:09:47
speak for themselves the company has
00:09:49
achieved a Bitcoin yield of 20.4%
00:09:52
quarter to date and 41.8% year-to date
00:09:56
their earlier acquisition of 5178
00:09:59
BTC for $4.6 billion at an average price
00:10:03
of
00:10:28
$88,200 January
00:10:30
2024 and I think it runs until around
00:10:34
November
00:10:35
2034 so it's about 10 years and I'll
00:10:39
tell you why
00:10:41
because 93 and a half% or so of the
00:10:45
Bitcoin was mined at the beginning of
00:10:47
this period but in November of 2034
00:10:52
99% of all the Bitcoin that will ever be
00:10:55
issued will have been
00:10:57
issued and so that that having is is uh
00:11:01
very symbolic people talk about Bitcoin
00:11:04
you know issuance coming out over the
00:11:06
next 100 years all the way till
00:11:09
2140 but the truth of the matter is the
00:11:12
last 100 years you're only getting
00:11:14
1% so think and and actually of that 1%
00:11:18
90 basis points of it is coming in the
00:11:21
in the 12 years to follow 2034 and then
00:11:24
it's 10 basis points a tenth of a
00:11:26
percent but but practically speaking
00:11:29
all of the block rewards are di Minimus
00:11:32
starting in 2034 it's it's you know 1%
00:11:35
over 100 years may as well be nothing
00:11:37
because you know the daily volatility
00:11:40
and the daily trading volume is going to
00:11:42
render that to be somewhere between
00:11:44
third order fourth order fifth order of
00:11:47
magnitude um so that being the case
00:11:51
really um this 10 years is your best
00:11:54
chance to get Bitcoin right this is the
00:11:57
gold rush because this is the period
00:12:00
where there's still a lot of fud there's
00:12:03
still a lot of
00:12:04
uncertainty uh people still aren't sure
00:12:06
they don't understand digital energy
00:12:08
they don't understand digital Capital
00:12:10
they don't understand digital property
00:12:12
there's a lot of debate in the community
00:12:14
is Bitcoin a currency or is it a
00:12:16
property or you know there there's
00:12:19
massive debate a lot of people say well
00:12:20
it's a currency and since it's not legal
00:12:22
tender or because it doesn't move fast
00:12:25
enough or I can't buy coffee with it's
00:12:26
not a good currency so there's a lot of
00:12:29
confusion in the crypto Community um
00:12:32
there's a lot of mainstream Regulators
00:12:35
they think it's currency so you see
00:12:37
Bankers say oh it's a currency but it's
00:12:40
not a good currency because I can't buy
00:12:41
coffee with it I can't buy things online
00:12:43
with it and it's too it's too volatile
00:12:46
and they think that's a
00:12:47
criticism and so they criticize it and
00:12:49
then people that think that they know
00:12:51
what they're talking about they hear
00:12:54
some famous person say well Bitcoin is
00:12:57
not a good currency and you know or the
00:13:00
government will ban it or it's not as
00:13:02
good as the dollar or something and so
00:13:03
they get afraid and they say well then I
00:13:06
trust that guy so I'm not going to buy
00:13:08
it so a lot of people are criticizing it
00:13:12
for the wrong reason a lot of people
00:13:14
misund understand it you know and and
00:13:18
that creates lots of chaos
00:13:22
misinformation stupid you know stupid
00:13:25
misleading stories in mainstream media
00:13:28
it creates uh uh it creates like bad
00:13:30
takes on Twitter it creates all sorts of
00:13:33
confusion amongst Wall Street
00:13:36
analysts and so all of that fear
00:13:39
uncertainty and doubt and just basic
00:13:43
confusion and then
00:13:46
misunderstanding it that causes uh a
00:13:50
slow growth in demand right like demand
00:13:53
is growing but imagine how much faster
00:13:55
it would be growing if everybody had
00:13:57
spent a 100 hours right
00:13:59
right the people that criticize it
00:14:01
there's no way Warren Buffett spent 100
00:14:02
hours studying Bitcoin right there's no
00:14:05
there's not likely that everyone that
00:14:06
criticize it spent 100 hours studying it
00:14:09
they haven't read the Bitcoin standard
00:14:10
they probably haven't listened to 20 30
00:14:12
40 hours of podcast right so the critics
00:14:16
are are
00:14:18
misinformed and the mainstream investors
00:14:21
they have all the money right nine
00:14:24
there's $900 trillion dollar of wealth
00:14:26
out there there's only one trillion in
00:14:28
Bitcoin so
00:14:30
99.9% of the money of the wealth is not
00:14:34
invested right in the asset class so a
00:14:37
lot of people that don't understand what
00:14:40
this is have a lot of money and yet
00:14:44
we've got a 10-year period when there's
00:14:46
going to be an explosive increase in
00:14:49
education right is Bitcoin bitcoin's
00:14:52
going to go up and as the price goes up
00:14:54
more people are going to get asked and
00:14:55
they're going to like reject they like
00:14:57
stop asking me I I hate talking about
00:15:00
this like we don't we don't like it cuz
00:15:03
it's not it's like gold it doesn't
00:15:04
generate cash flows or they don't
00:15:07
understand if you don't understand uh
00:15:10
perfect
00:15:11
money right what what's what's wrong
00:15:13
with gold gold has admissions gold is
00:15:16
inflationary that's why it doesn't work
00:15:18
if you don't understand that then you
00:15:20
don't understand why digital gold is
00:15:22
better than gold so you don't understand
00:15:24
Bitcoin you don't understand money and
00:15:26
then you haven't really thought very
00:15:28
deeply about prop prop Theory or Capital
00:15:30
Theory so you definitely don't
00:15:31
understand digital
00:15:33
Capital which means you don't understand
00:15:35
digital energy which means that when
00:15:38
someone asks you you're going to buy it
00:15:39
your answer is of course I'm not going
00:15:40
to buy it I don't get it but what I say
00:15:44
to people right
00:15:46
like if everybody UND if everybody read
00:15:50
all these books if they listen to all
00:15:52
your podcast if they listened to all my
00:15:55
podcasts if they thought about it for a
00:15:57
few hundred hours
00:15:59
tomorrow they would wake up they would
00:16:01
all buy Bitcoin and Bitcoin would be $5
00:16:03
million a
00:16:04
coin and then we'd be doing this podcast
00:16:07
and you would say Mike all my all all
00:16:10
the comments from all my followers are
00:16:12
is it too late with all that being said
00:16:14
Michael Sor believes that the time to
00:16:16
act is
00:16:18
now start by learning about Bitcoin
00:16:21
watch videos read articles and
00:16:24
understand why it's such a big deal once
00:16:26
you're ready start small even if you can
00:16:29
only buy a little bit of Bitcoin today
00:16:31
it's a step in the right direction and
00:16:32
don't forget to keep it safe just like
00:16:35
he said Bitcoin is the future and owning
00:16:38
even a small piece could change your
00:16:40
life that 0.1 Bitcoin might not seem
00:16:43
like much today but as bitcoin's value
00:16:45
grows it could become life-changing
00:16:47
wealth don't wait around start stacking
00:16:49
Bitcoin now and prepare for what's
00:16:51
coming anyway guys before we go if you
00:16:53
want to stay most up to date on the
00:16:55
crypto and Bitcoin World make sure to
00:16:57
subscribe to my daily 5minute crypto
00:16:59
newsletter it's a concise resource for
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00:17:03
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00:17:09
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00:17:11
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00:17:13
in the crypto Market the link is in the
00:17:15
description below I hope you all enjoyed
00:17:18
today's video and that it provided you
00:17:20
with some value I'll see you all in the
00:17:22
next one and as always all the best
