October 14, 2024 • 12 mins
Today : E044-2024 Cyberium Podcast - Michael Saylor money glitch by Antonio ROSSI
ENGLISH PODCASTS : https://technocratico.it/cyberium-podcast/
In each episode, we dive into articles published on technocratico.it by Raffaele Di Marzio or explore his reflections brought to life through AI analysis and techniques, powered by Gemini Pro, which present in-depth discussions in English, explaining the topics in a simple and concise manner. Our mission is to reveal, in a straightforward yet precise way, how technology influences every aspect of our personal and professional lives. Whether you're a tech industry professional seeking expert insights or a curious listener wanting to understand how digital security impacts your daily life, Cyberium is your gateway to comprehending the holistic influence of technology, offering a unique perspective thanks to the integration of cutting-edge AI analysis.
Today, we'll be exploring a cutting-edge topic in the Michael Saylor money glitch
To guide us through this analysis, we'll be relying on the insights of Antonio Rossi
Tune in to gain valuable perspectives and stay ahead in the rapidly evolving tech landscape.
All reproductions rights are reserved by Cyberium Media Miami Productions and Technocratico.it
Content Creator Direction : Raffaele DI MARZIO https://www.linkedin.com/in/raffaeledimarzio/
Content Creator : Antonio Rossi https://www.linkedin.com/in/antoniorossi/
For inquiries, you can reach us at podcast@cyberium.media
ENGLISH PODCASTS : https://technocratico.it/cyberium-podcast/
In each episode, we dive into articles published on technocratico.it by Raffaele Di Marzio or explore his reflections brought to life through AI analysis and techniques, powered by Gemini Pro, which present in-depth discussions in English, explaining the topics in a simple and concise manner. Our mission is to reveal, in a straightforward yet precise way, how technology influences every aspect of our personal and professional lives. Whether you're a tech industry professional seeking expert insights or a curious listener wanting to understand how digital security impacts your daily life, Cyberium is your gateway to comprehending the holistic influence of technology, offering a unique perspective thanks to the integration of cutting-edge AI analysis.
Today, we'll be exploring a cutting-edge topic in the Michael Saylor money glitch
To guide us through this analysis, we'll be relying on the insights of Antonio Rossi
Tune in to gain valuable perspectives and stay ahead in the rapidly evolving tech landscape.
All reproductions rights are reserved by Cyberium Media Miami Productions and Technocratico.it
Content Creator Direction : Raffaele DI MARZIO https://www.linkedin.com/in/raffaeledimarzio/
Content Creator : Antonio Rossi https://www.linkedin.com/in/antoniorossi/
For inquiries, you can reach us at podcast@cyberium.media
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Welcome to Siberian Here, technology and cybersecurity are made simple
for everyone. Whether you're a tech geek or just curious
about the digital world, we've got you covered. Each episode
we dive into the latest topics from technocratico dot it
and break them down so you can stay informed and protected.
Speaker 2 (00:23):
This is a.
Speaker 1 (00:23):
Siberian Media Miami production. Let's get into it.
Speaker 2 (00:28):
The scaber gulsis flame.
Speaker 3 (00:31):
Make us a blood back fave to love it to
fuckings holess, see usselves and remember this.
Speaker 4 (00:48):
In this episode, we analyze another topic proposed by Antonio Rossi.
Antonio is a senior expert infrequently speaks at various conferences
focusing on information and communication, techechnology, and blockchain environments. His
experience today guides us in exploring Michael Sailor money glitch,
offering a unique perspective. Let's begin this stimulating discussion.
Speaker 3 (01:14):
I've ever heard about this whole infinite money glitch thing.
Speaker 5 (01:16):
Ah, yeah, sounds like something straight out of a video game,
right totally.
Speaker 3 (01:20):
But this is actually happening in the real world.
Speaker 6 (01:22):
Well, supposedly happening at least.
Speaker 3 (01:24):
Yeah, exactly, that's what people are saying about Michael Saylor.
You know the micro Strategy guy, right, right, Apparently they're
playing some pretty wild games with their finances, and everyone's
trying to figure out if it's genius or just playing crazy.
So you know, we got a lot of questions about it,
and that's why we're diving deep into this whole thing today. Yeah,
trying to untangle it all.
Speaker 2 (01:45):
Yeah, for sure. It's a fascinating case.
Speaker 5 (01:48):
Really shows how much the financial world is changing, you know,
with crypto and everything.
Speaker 7 (01:52):
Yeah, for real, I mean think about it.
Speaker 5 (01:54):
Micro Strategy, they're a software company, right, but this whole
story it's not even about their software really, right, about
how they're using their assets, well, one asset in particular, bitcoin.
Speaker 3 (02:04):
Yeah, they're bitcoin stash, right, So for those who might
not be totally up to speed, can you give us
the rundown on what micro Strategy is actually doing. It's
got everyone talking.
Speaker 2 (02:16):
So rewind back to twenty twenty.
Speaker 5 (02:19):
Michael Sailor, he's the CEO, decides to go all in
on bitcoin, and I.
Speaker 3 (02:24):
Mean really all in, like seriously all in, like.
Speaker 5 (02:26):
Taking massive amounts of company cash the kind they usually
keep in reserve and just pouring it into bitcoin.
Speaker 7 (02:31):
Wow, which back then that was not a normal thing.
To do, especially for a big public company.
Speaker 3 (02:36):
Yeah, it seemed like a really big gamble to a
lot of people, right, I mean, checking it all into
this brand new, super volatile digital currency. What was the
logic there?
Speaker 2 (02:45):
Okay, So Sailor's whole thing.
Speaker 5 (02:46):
He was absolutely convinced that bitcoin was a better store
of value compared to regular cash, especially with inflation starting
to heat up, you know, yeah, yeah, And his reasoning
was this bitcoin, it's got a limited supply, right, only
twenty one million coins.
Speaker 2 (03:02):
Ever, that's it.
Speaker 7 (03:03):
So that built in digital scarcity, that's.
Speaker 2 (03:06):
The core of his strategy.
Speaker 5 (03:07):
Interesting, like think about gold, right, There's only a finite
amount of gold on earth, and because of that scarcity,
it holds its value right, right, makes sense.
Speaker 2 (03:16):
So Sailor he's betting that bitcoin.
Speaker 3 (03:19):
That's the digital gold, the digital gold. Okay. So instead
of playing it safe keeping their cash in a regular
bank account like most companies would, micro Strategy went full
on bitcoin maximalist. But how does that connect back to
the stock market and this whole infinite money glitch idea?
Speaker 6 (03:39):
All right, So that's where things get really wild.
Speaker 5 (03:41):
When micro Strategy starts scooping up bitcoin, it gets a
ton of attention, and not just from the usual crypto folks,
but from regular investors.
Speaker 2 (03:50):
On Wall Street too.
Speaker 3 (03:52):
Interesting.
Speaker 5 (03:52):
These were people who, yeah, they were intrigued by this
whole bitcoin thing, Sailor's vision and all, but maybe they
weren't ready to, you know, take the plunge themselves. Yeah. Yeah,
but then they saw this opportunity they could get a
piece of the action indirectly.
Speaker 3 (04:06):
Oh, I say, so, buy micro Strategy stock.
Speaker 2 (04:08):
Exactly.
Speaker 5 (04:09):
If micro Strategy is sitting on this mountain of bitcoin
and the price of bitcoin goes up, their stock price
theoretically goes.
Speaker 3 (04:15):
Up too, right, right, like a leverage bed on bitcoin.
Speaker 5 (04:18):
Basically exactly, it was like owning a bitcoin ETF, even
though technically those weren't really a thing yet, right right,
And all this extra demand, well it caused micro Strategy
stock to go through the roof, makes sense.
Speaker 6 (04:31):
And that is where this infinite money glitch.
Speaker 2 (04:33):
Starts to enter the picture.
Speaker 3 (04:35):
Okay, all right, you got to break this glitch down
for us now and cooked so.
Speaker 5 (04:38):
Picture this right, micro Strategy suddenly find themselves in this.
Speaker 2 (04:42):
Like totally unique position.
Speaker 5 (04:44):
Yeah, their stock price is going crazy up and up,
largely because.
Speaker 2 (04:48):
Of all the bitcoin they're holding. And this allows them
to do something really unusual.
Speaker 5 (04:52):
They start borrowing money, Okay, borrowing money at really low
interest rates, and they're using their own inflat stock. And
get this, even their bitcoin itself as collateral.
Speaker 3 (05:04):
Hold on, hold on. They're using their bitcoin to get loans, yeah,
to then buy even more bitcoin.
Speaker 2 (05:09):
You got it.
Speaker 5 (05:10):
It's like they're doubling, tripling down on this bet with
every move. Wow.
Speaker 2 (05:14):
And remember this is.
Speaker 5 (05:14):
A public company, right, so they can also raise even
more money by selling more stock, doing stock offerings and
all sorts of financial stuff. Right, And investors are eating
up because they're so caught up in this whole thing,
the potential of bitcoin, the whole strategy.
Speaker 2 (05:29):
Yeah, the hype train exactly. It's like a feedback loop.
Speaker 4 (05:32):
Right.
Speaker 5 (05:32):
Bitcoin goes up, stock goes up, borrow more, buy more bitcoin.
Speaker 3 (05:36):
Wow. It does kind of sound like a cheat code. Ah,
but even in video games, there's always a catch, right,
always a catch. What are the potential downsides to this
whole approach? I mean, it can't be free money forever,
can it.
Speaker 5 (05:49):
Well that's the million dollar question, and it's exactly what
we'll be digging into when we come back.
Speaker 3 (05:54):
So before we were talking about how micro strategy is
basically going all in on bitcoin, right, yeah, but and
it's a big butt. They're using a ton of leverage
to try to you know, supercharge their potential gains, which
obviously makes bigger risks exactly like way bigger risk.
Speaker 2 (06:10):
Was high stakes poker.
Speaker 3 (06:11):
Is what it is totally. So imagine this bitcoin, you
know how it is, suddenly takes a nose diar. Oh
it happens. It's like practically guaranteed with crypto at some point.
So bitcoin drops, right, and the value of all those
bitcoin micro strategy is holding it plunecks. And remember they
borrowed all that money. Oh yeah, using bitcoin is collateral.
(06:33):
What happens if the value of their collateral, that bitcoin,
suddenly isn't enough anymore.
Speaker 7 (06:39):
Well, that's when you get into like margin call territory.
Speaker 3 (06:42):
Okay, margin call. Explain it to me like I'm not
a Wall Street hot shot because I'm not. Sounds kind
of scary.
Speaker 2 (06:47):
It's actually simpler than it sounds.
Speaker 5 (06:49):
Basically, a margin call is when the lender, the one
who gave them the loan, they freak out a little
makes sense because the collateral, the thing backing up that loan.
It's not worth as much anymore. So the like puled up.
Either you give us more collateral something to cover the difference,
or you got to pay back a chunk of this
loan right now.
Speaker 3 (07:07):
Oh so it's like they're on the hook to make
up the difference one way or another, exactly. Ouch. So
imagine bitcoin tanks micro strategy gets hit with this massive
margin call bad news. They'd probably have to sell off
a huge chunk of their bitcoin, maybe even at a loss,
just to satisfy the lender.
Speaker 6 (07:22):
Right, Yeah, that's the nightmare scenario.
Speaker 3 (07:25):
That's brutal. And I bet selling off that much bitcoin
would just make the price of bitcoin itself crash even harder,
like a vicious cycle.
Speaker 2 (07:32):
Oh absolutely, it's a domino effect wild.
Speaker 3 (07:35):
Okay, So we've got the basic volatility of bitcoin. That's
one risk. Then there's the whole leverage thing margin calls
that's another. And on top of.
Speaker 7 (07:44):
All that, I don't forget regulation, right.
Speaker 3 (07:46):
Because who knows what the governments could do about all this?
Speaker 5 (07:48):
Right?
Speaker 3 (07:48):
They could wake up tomorrow and decide to regulate cryptocurrency
in a way that totally screws over this whole strategy,
couldn't they?
Speaker 5 (07:55):
They could new laws tax changes, the whole thing is unpredictable.
That's another layer of risk that's hard to even quantify.
Speaker 3 (08:02):
So we're talking like walking a tightrope over a pit
of crocodiles during a hurricane.
Speaker 2 (08:08):
Basically that's pretty accurate.
Speaker 6 (08:10):
Actually, And that's where the whole ethical debate.
Speaker 3 (08:12):
Comes into right right, because some people are saying that
what Sailor's doing it's reckless, like he's gambling with shareholder money,
their retirement funds on something this risky.
Speaker 2 (08:23):
Yeah, there's definitely that argument.
Speaker 5 (08:25):
On the other hand, you've got folks calling him a visionary,
a disruptor, like he's not afraid to break the mold,
and maybe there's this huge payoff down the line for
the people who buy into his vision.
Speaker 3 (08:35):
Literally, it's a bold move, that's for sure. No one
can say he's not thinking big. But it makes you
wonder what's the responsibility of a CEO. Really? Is it
just to chase profits no matter what, even if it
means taking these wild risks, right.
Speaker 2 (08:49):
Or is there more to it?
Speaker 5 (08:50):
Do they have some obligation to be more cautious to
protect a people who have invested in their company.
Speaker 3 (08:56):
Tough questions, really tough and Honestly, no one knows this
whole salor strategy is going to be a genius move
or blow up in everyone's faces.
Speaker 2 (09:05):
Time will tell exactly.
Speaker 3 (09:07):
But win or lose, it's a fascinating case study. I mean,
anyone interested in finance, tech, the future of money, this
whole thing is full of lessons.
Speaker 2 (09:14):
Absolutely.
Speaker 3 (09:14):
Speaking of lessons, though, what about our listeners, Like most
of us aren't running billion dollar companies or betting the
house on bitcoin. What can we actually take away from
all this?
Speaker 2 (09:24):
That's a great question.
Speaker 5 (09:25):
I think there's a lot we can learn from this,
even if we're not you know, crypto whales or Wall
Street titans.
Speaker 3 (09:31):
So we've been talking about you know, high finance, big
bets all that, But what about the rest of us, Like,
what can we actually learn from this whole infinite money
glitch thing, even if we're just trying to, you know,
manage our own little pile.
Speaker 5 (09:44):
Of money right right, Well, most of us probably aren't
going to be like mortgaging the house to buy a
bitcoin anytime soon. Probably a good thing, yeah, probably, But
there are some big takeaways here I think that apply
to everyone, no matter how much money.
Speaker 3 (09:58):
You're working with, Like, what give the wisdom.
Speaker 2 (10:00):
Okay.
Speaker 5 (10:00):
So, first off, this whole micro strategy thing, it just
screams risk tolerance.
Speaker 3 (10:06):
Yeah, yeah, for sure.
Speaker 5 (10:08):
Like they're making this huge bet could pay off big time,
but also could.
Speaker 2 (10:12):
Go up and smoke spectacularly exactly.
Speaker 6 (10:15):
And that's true for any investment, right, not just crypto.
Speaker 2 (10:18):
You gotta be honest with yourself.
Speaker 6 (10:19):
How much risk can you actually stomach?
Speaker 3 (10:21):
Don't bet the farm unless you're ready to.
Speaker 2 (10:23):
Lose the farm, exactly.
Speaker 5 (10:25):
And don't put all your eggs in one basket, especially
if that basket is you know, made of digital.
Speaker 3 (10:29):
Code, right right.
Speaker 5 (10:30):
Diversification always okay, But here's another thing about this whole case.
Speaker 6 (10:35):
It makes you think about the future of money itself.
Speaker 3 (10:37):
Ooh okay, Yeah, that's a whole other deep dive, it
really is.
Speaker 5 (10:41):
But like Sailor, he's essentially saying bitcoin this is the
future man, or at least the tech behind it is.
He's looking past the dollar, past the euro, past all that.
Speaker 3 (10:51):
Wow.
Speaker 2 (10:51):
Whether he's right or not, who knows.
Speaker 5 (10:54):
But it's a good question to ask ourselves, what will
money even look like in ten twenty years?
Speaker 3 (11:00):
Yeah, and how do we even begin to prepare for that?
Speaker 2 (11:03):
It's about staying curious.
Speaker 5 (11:05):
I think staying informed, being open to new ideas, even
if bitcoin isn't your thing, This whole saga shows us
that finance it's changing fast, so true what worked in
the past might not work tomorrow.
Speaker 3 (11:16):
So bottom line, is Michael Saylor a total genius or
a reckless gambler? Where do you land?
Speaker 2 (11:21):
Honestly, I don't know. I don't think there's an easy answer.
Speaker 6 (11:24):
Only time will tell if his gamble is going to
pay off.
Speaker 5 (11:27):
He's definitely shaking things up though, making everyone rethink what's possible.
Speaker 3 (11:31):
No doubt. It's of a wild story, and we'll definitely
keep an eye on it. But I think for me,
the big lesson here is the future of money. It's unwritten,
whether you're like a day trader or just trying to
make sure you can retire someday. Staying informed, staying flexible,
that's gonna be key.
Speaker 2 (11:46):
Couldn't have said it better myself.
Speaker 3 (11:48):
And there you have it, folks. That's our deep dive
on the infinite money glitch? Is it real? Is it
a recipe for disaster? We've given you the facts, the arguments,
the whole nine yard. Now go forth and do your
own research. The future of finance. It's out there and
it's waiting for no one.
Speaker 2 (12:07):
Sound Satan Along is full results.
Speaker 5 (12:12):
Who are You going to Cross?
Speaker 3 (12:17):
All reproduction rights are reserved by Siberia Media, Miami Production
and Technocratico dot it. For inquiries, you can reach us
at podcast at Siberium dot media
Welcome to Siberian Here, technology and cybersecurity are made simple
for everyone. Whether you're a tech geek or just curious
about the digital world, we've got you covered. Each episode
we dive into the latest topics from technocratico dot it
and break them down so you can stay informed and protected.
Speaker 2 (00:23):
This is a.
Speaker 1 (00:23):
Siberian Media Miami production. Let's get into it.
Speaker 2 (00:28):
The scaber gulsis flame.
Speaker 3 (00:31):
Make us a blood back fave to love it to
fuckings holess, see usselves and remember this.
Speaker 4 (00:48):
In this episode, we analyze another topic proposed by Antonio Rossi.
Antonio is a senior expert infrequently speaks at various conferences
focusing on information and communication, techechnology, and blockchain environments. His
experience today guides us in exploring Michael Sailor money glitch,
offering a unique perspective. Let's begin this stimulating discussion.
Speaker 3 (01:14):
I've ever heard about this whole infinite money glitch thing.
Speaker 5 (01:16):
Ah, yeah, sounds like something straight out of a video game,
right totally.
Speaker 3 (01:20):
But this is actually happening in the real world.
Speaker 6 (01:22):
Well, supposedly happening at least.
Speaker 3 (01:24):
Yeah, exactly, that's what people are saying about Michael Saylor.
You know the micro Strategy guy, right, right, Apparently they're
playing some pretty wild games with their finances, and everyone's
trying to figure out if it's genius or just playing crazy.
So you know, we got a lot of questions about it,
and that's why we're diving deep into this whole thing today. Yeah,
trying to untangle it all.
Speaker 2 (01:45):
Yeah, for sure. It's a fascinating case.
Speaker 5 (01:48):
Really shows how much the financial world is changing, you know,
with crypto and everything.
Speaker 7 (01:52):
Yeah, for real, I mean think about it.
Speaker 5 (01:54):
Micro Strategy, they're a software company, right, but this whole
story it's not even about their software really, right, about
how they're using their assets, well, one asset in particular, bitcoin.
Speaker 3 (02:04):
Yeah, they're bitcoin stash, right, So for those who might
not be totally up to speed, can you give us
the rundown on what micro Strategy is actually doing. It's
got everyone talking.
Speaker 2 (02:16):
So rewind back to twenty twenty.
Speaker 5 (02:19):
Michael Sailor, he's the CEO, decides to go all in
on bitcoin, and I.
Speaker 3 (02:24):
Mean really all in, like seriously all in, like.
Speaker 5 (02:26):
Taking massive amounts of company cash the kind they usually
keep in reserve and just pouring it into bitcoin.
Speaker 7 (02:31):
Wow, which back then that was not a normal thing.
To do, especially for a big public company.
Speaker 3 (02:36):
Yeah, it seemed like a really big gamble to a
lot of people, right, I mean, checking it all into
this brand new, super volatile digital currency. What was the
logic there?
Speaker 2 (02:45):
Okay, So Sailor's whole thing.
Speaker 5 (02:46):
He was absolutely convinced that bitcoin was a better store
of value compared to regular cash, especially with inflation starting
to heat up, you know, yeah, yeah, And his reasoning
was this bitcoin, it's got a limited supply, right, only
twenty one million coins.
Speaker 2 (03:02):
Ever, that's it.
Speaker 7 (03:03):
So that built in digital scarcity, that's.
Speaker 2 (03:06):
The core of his strategy.
Speaker 5 (03:07):
Interesting, like think about gold, right, There's only a finite
amount of gold on earth, and because of that scarcity,
it holds its value right, right, makes sense.
Speaker 2 (03:16):
So Sailor he's betting that bitcoin.
Speaker 3 (03:19):
That's the digital gold, the digital gold. Okay. So instead
of playing it safe keeping their cash in a regular
bank account like most companies would, micro Strategy went full
on bitcoin maximalist. But how does that connect back to
the stock market and this whole infinite money glitch idea?
Speaker 6 (03:39):
All right, So that's where things get really wild.
Speaker 5 (03:41):
When micro Strategy starts scooping up bitcoin, it gets a
ton of attention, and not just from the usual crypto folks,
but from regular investors.
Speaker 2 (03:50):
On Wall Street too.
Speaker 3 (03:52):
Interesting.
Speaker 5 (03:52):
These were people who, yeah, they were intrigued by this
whole bitcoin thing, Sailor's vision and all, but maybe they
weren't ready to, you know, take the plunge themselves. Yeah. Yeah,
but then they saw this opportunity they could get a
piece of the action indirectly.
Speaker 3 (04:06):
Oh, I say, so, buy micro Strategy stock.
Speaker 2 (04:08):
Exactly.
Speaker 5 (04:09):
If micro Strategy is sitting on this mountain of bitcoin
and the price of bitcoin goes up, their stock price
theoretically goes.
Speaker 3 (04:15):
Up too, right, right, like a leverage bed on bitcoin.
Speaker 5 (04:18):
Basically exactly, it was like owning a bitcoin ETF, even
though technically those weren't really a thing yet, right right,
And all this extra demand, well it caused micro Strategy
stock to go through the roof, makes sense.
Speaker 6 (04:31):
And that is where this infinite money glitch.
Speaker 2 (04:33):
Starts to enter the picture.
Speaker 3 (04:35):
Okay, all right, you got to break this glitch down
for us now and cooked so.
Speaker 5 (04:38):
Picture this right, micro Strategy suddenly find themselves in this.
Speaker 2 (04:42):
Like totally unique position.
Speaker 5 (04:44):
Yeah, their stock price is going crazy up and up,
largely because.
Speaker 2 (04:48):
Of all the bitcoin they're holding. And this allows them
to do something really unusual.
Speaker 5 (04:52):
They start borrowing money, Okay, borrowing money at really low
interest rates, and they're using their own inflat stock. And
get this, even their bitcoin itself as collateral.
Speaker 3 (05:04):
Hold on, hold on. They're using their bitcoin to get loans, yeah,
to then buy even more bitcoin.
Speaker 2 (05:09):
You got it.
Speaker 5 (05:10):
It's like they're doubling, tripling down on this bet with
every move. Wow.
Speaker 2 (05:14):
And remember this is.
Speaker 5 (05:14):
A public company, right, so they can also raise even
more money by selling more stock, doing stock offerings and
all sorts of financial stuff. Right, And investors are eating
up because they're so caught up in this whole thing,
the potential of bitcoin, the whole strategy.
Speaker 2 (05:29):
Yeah, the hype train exactly. It's like a feedback loop.
Speaker 4 (05:32):
Right.
Speaker 5 (05:32):
Bitcoin goes up, stock goes up, borrow more, buy more bitcoin.
Speaker 3 (05:36):
Wow. It does kind of sound like a cheat code. Ah,
but even in video games, there's always a catch, right,
always a catch. What are the potential downsides to this
whole approach? I mean, it can't be free money forever,
can it.
Speaker 5 (05:49):
Well that's the million dollar question, and it's exactly what
we'll be digging into when we come back.
Speaker 3 (05:54):
So before we were talking about how micro strategy is
basically going all in on bitcoin, right, yeah, but and
it's a big butt. They're using a ton of leverage
to try to you know, supercharge their potential gains, which
obviously makes bigger risks exactly like way bigger risk.
Speaker 2 (06:10):
Was high stakes poker.
Speaker 3 (06:11):
Is what it is totally. So imagine this bitcoin, you
know how it is, suddenly takes a nose diar. Oh
it happens. It's like practically guaranteed with crypto at some point.
So bitcoin drops, right, and the value of all those
bitcoin micro strategy is holding it plunecks. And remember they
borrowed all that money. Oh yeah, using bitcoin is collateral.
(06:33):
What happens if the value of their collateral, that bitcoin,
suddenly isn't enough anymore.
Speaker 7 (06:39):
Well, that's when you get into like margin call territory.
Speaker 3 (06:42):
Okay, margin call. Explain it to me like I'm not
a Wall Street hot shot because I'm not. Sounds kind
of scary.
Speaker 2 (06:47):
It's actually simpler than it sounds.
Speaker 5 (06:49):
Basically, a margin call is when the lender, the one
who gave them the loan, they freak out a little
makes sense because the collateral, the thing backing up that loan.
It's not worth as much anymore. So the like puled up.
Either you give us more collateral something to cover the difference,
or you got to pay back a chunk of this
loan right now.
Speaker 3 (07:07):
Oh so it's like they're on the hook to make
up the difference one way or another, exactly. Ouch. So
imagine bitcoin tanks micro strategy gets hit with this massive
margin call bad news. They'd probably have to sell off
a huge chunk of their bitcoin, maybe even at a loss,
just to satisfy the lender.
Speaker 6 (07:22):
Right, Yeah, that's the nightmare scenario.
Speaker 3 (07:25):
That's brutal. And I bet selling off that much bitcoin
would just make the price of bitcoin itself crash even harder,
like a vicious cycle.
Speaker 2 (07:32):
Oh absolutely, it's a domino effect wild.
Speaker 3 (07:35):
Okay, So we've got the basic volatility of bitcoin. That's
one risk. Then there's the whole leverage thing margin calls
that's another. And on top of.
Speaker 7 (07:44):
All that, I don't forget regulation, right.
Speaker 3 (07:46):
Because who knows what the governments could do about all this?
Speaker 5 (07:48):
Right?
Speaker 3 (07:48):
They could wake up tomorrow and decide to regulate cryptocurrency
in a way that totally screws over this whole strategy,
couldn't they?
Speaker 5 (07:55):
They could new laws tax changes, the whole thing is unpredictable.
That's another layer of risk that's hard to even quantify.
Speaker 3 (08:02):
So we're talking like walking a tightrope over a pit
of crocodiles during a hurricane.
Speaker 2 (08:08):
Basically that's pretty accurate.
Speaker 6 (08:10):
Actually, And that's where the whole ethical debate.
Speaker 3 (08:12):
Comes into right right, because some people are saying that
what Sailor's doing it's reckless, like he's gambling with shareholder money,
their retirement funds on something this risky.
Speaker 2 (08:23):
Yeah, there's definitely that argument.
Speaker 5 (08:25):
On the other hand, you've got folks calling him a visionary,
a disruptor, like he's not afraid to break the mold,
and maybe there's this huge payoff down the line for
the people who buy into his vision.
Speaker 3 (08:35):
Literally, it's a bold move, that's for sure. No one
can say he's not thinking big. But it makes you
wonder what's the responsibility of a CEO. Really? Is it
just to chase profits no matter what, even if it
means taking these wild risks, right.
Speaker 2 (08:49):
Or is there more to it?
Speaker 5 (08:50):
Do they have some obligation to be more cautious to
protect a people who have invested in their company.
Speaker 3 (08:56):
Tough questions, really tough and Honestly, no one knows this
whole salor strategy is going to be a genius move
or blow up in everyone's faces.
Speaker 2 (09:05):
Time will tell exactly.
Speaker 3 (09:07):
But win or lose, it's a fascinating case study. I mean,
anyone interested in finance, tech, the future of money, this
whole thing is full of lessons.
Speaker 2 (09:14):
Absolutely.
Speaker 3 (09:14):
Speaking of lessons, though, what about our listeners, Like most
of us aren't running billion dollar companies or betting the
house on bitcoin. What can we actually take away from
all this?
Speaker 2 (09:24):
That's a great question.
Speaker 5 (09:25):
I think there's a lot we can learn from this,
even if we're not you know, crypto whales or Wall
Street titans.
Speaker 3 (09:31):
So we've been talking about you know, high finance, big
bets all that, But what about the rest of us, Like,
what can we actually learn from this whole infinite money
glitch thing, even if we're just trying to, you know,
manage our own little pile.
Speaker 5 (09:44):
Of money right right, Well, most of us probably aren't
going to be like mortgaging the house to buy a
bitcoin anytime soon. Probably a good thing, yeah, probably, But
there are some big takeaways here I think that apply
to everyone, no matter how much money.
Speaker 3 (09:58):
You're working with, Like, what give the wisdom.
Speaker 2 (10:00):
Okay.
Speaker 5 (10:00):
So, first off, this whole micro strategy thing, it just
screams risk tolerance.
Speaker 3 (10:06):
Yeah, yeah, for sure.
Speaker 5 (10:08):
Like they're making this huge bet could pay off big time,
but also could.
Speaker 2 (10:12):
Go up and smoke spectacularly exactly.
Speaker 6 (10:15):
And that's true for any investment, right, not just crypto.
Speaker 2 (10:18):
You gotta be honest with yourself.
Speaker 6 (10:19):
How much risk can you actually stomach?
Speaker 3 (10:21):
Don't bet the farm unless you're ready to.
Speaker 2 (10:23):
Lose the farm, exactly.
Speaker 5 (10:25):
And don't put all your eggs in one basket, especially
if that basket is you know, made of digital.
Speaker 3 (10:29):
Code, right right.
Speaker 5 (10:30):
Diversification always okay, But here's another thing about this whole case.
Speaker 6 (10:35):
It makes you think about the future of money itself.
Speaker 3 (10:37):
Ooh okay, Yeah, that's a whole other deep dive, it
really is.
Speaker 5 (10:41):
But like Sailor, he's essentially saying bitcoin this is the
future man, or at least the tech behind it is.
He's looking past the dollar, past the euro, past all that.
Speaker 3 (10:51):
Wow.
Speaker 2 (10:51):
Whether he's right or not, who knows.
Speaker 5 (10:54):
But it's a good question to ask ourselves, what will
money even look like in ten twenty years?
Speaker 3 (11:00):
Yeah, and how do we even begin to prepare for that?
Speaker 2 (11:03):
It's about staying curious.
Speaker 5 (11:05):
I think staying informed, being open to new ideas, even
if bitcoin isn't your thing, This whole saga shows us
that finance it's changing fast, so true what worked in
the past might not work tomorrow.
Speaker 3 (11:16):
So bottom line, is Michael Saylor a total genius or
a reckless gambler? Where do you land?
Speaker 2 (11:21):
Honestly, I don't know. I don't think there's an easy answer.
Speaker 6 (11:24):
Only time will tell if his gamble is going to
pay off.
Speaker 5 (11:27):
He's definitely shaking things up though, making everyone rethink what's possible.
Speaker 3 (11:31):
No doubt. It's of a wild story, and we'll definitely
keep an eye on it. But I think for me,
the big lesson here is the future of money. It's unwritten,
whether you're like a day trader or just trying to
make sure you can retire someday. Staying informed, staying flexible,
that's gonna be key.
Speaker 2 (11:46):
Couldn't have said it better myself.
Speaker 3 (11:48):
And there you have it, folks. That's our deep dive
on the infinite money glitch? Is it real? Is it
a recipe for disaster? We've given you the facts, the arguments,
the whole nine yard. Now go forth and do your
own research. The future of finance. It's out there and
it's waiting for no one.
Speaker 2 (12:07):
Sound Satan Along is full results.
Speaker 5 (12:12):
Who are You going to Cross?
Speaker 3 (12:17):
All reproduction rights are reserved by Siberia Media, Miami Production
and Technocratico dot it. For inquiries, you can reach us
at podcast at Siberium dot media
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