Premium Only Content

Bitcoin Is The Safest Asset For WHAT IS COMING - Michael Saylor
Bitcoin Is The Safest Asset For WHAT IS COMING - Michael Saylor
In this video, Michael Saylor compares Bitcoin with other assets in terms of value and versatility. He also suggests ways by which investors can position themselves for the long term and protect their assets against the negative effects of taxation. Here are the key points in the interview:
If you choose to trade, you should be good at it. And if you're going to speculate, don't speculate with money you can't afford to lose. And always think of the long term while investing.
Banks around the world are printing money excessively. The money supply is expanding by 7% in the Western world, faster than in the developing world for the past decade. Now, money supply is expanding by 20% or more.
Countries around the world are now running on deficits by spending, buying bonds, and suppressing interest rates. Now, governments have two choices: inflation or taxation. Inflation has increased drastically everywhere on earth, spurred by government spending and intervention.
Inflation works as long as policymakers inflate the currency and the value of currency derivatives. Hence, if you have a portfolio consisting of bonds, value stocks, currency, or commercial real estate with rents that are capped at CPI, you have currency derivative assets. And the government will keep inflating the currency and devaluing those assets.
If the US keeps inflating its dollar by 20% every year, it will collapse every other currency in the workd. The reason is that every other currency is pegged to the dollar. A time will come when countries will realize they need to start raising interest rates, stop printing money, and stop buying bonds. Then, the government will have to pay their bills and run the society based on taxation, mainly from wealth tax.
When the government starts imposing taxes on the people, you've got to choose which asset you want to own. Some people will consider building (which will be subjected to property tax), land (which is immovable), soccer franchise (immovable and taxable).
It is advisable to buy a high-quality portfolio of properties such as collectibles, real estate, and things that wealthy people will want to own in a decade and the central bankers cannot devalue by printing more currencies.
Concerning Bitcoin, it is a property that you can transport around the world. Also, no central bank can devalue it by printing money.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Welcome to "Savvy Finance 🤝
This channel is all about being savvy with your finance 💰.
We create and share videos about investments and how best you can put your money to use, in order to bring in more money. We love cryptocurrencies and the stock market and so, we share a lot of crypto and stock market videos,, including bitcoin, ethereum, Cardano ADA and other altcoins. 🗠
We do a lot of research to bring you valuable and useful information, as well as sharing videos from many experts, including Michael Saylor, Raoul Pal, Charles Hoskinson, Max Keiser, Stacy Herbert, Cathie Wood, and many others. 👨🏫.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🎦 Video footage and Background music: all video footage and background music used is either licensed through either CC-BY or from Videoblocks
#bitcoin #cryptonews #michaelsaylor
👉 FINANCIAL DISCLAIMER
This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.
Never buy a crypto just because you see a YouTuber talking about it. Always do your own independent research before investing in any coin.
For transparency, our crypto portfolio comprises mostly bitcoin, cardano, ethereum, and xrp.
-
8:09
Informed Few
4 years agoMichael Saylor Explains the TRUTH about this Bitcoin % Ethereum Correction | Price Prediction 2021
45 -
LIVE
Lara Logan
13 hours agoLAWFARE UNDER FIRE: Treniss Evans Leading the Charge Against a Weaponized Justice System | Ep 29
370 watching -
5:56:35
JuicyJohns
6 hours ago $2.76 earned🟢#1 REBIRTH PLAYER 10.2+ KD🟢$500 GIVEAWAY SATURDAY!
55K1 -
15:32
Scammer Payback
5 hours agoTormenting the Scammer Who Did This
2.95K16 -
17:28
IsaacButterfield
9 hours ago $0.35 earnedThe Government Just Banned Free Speech in the UK
3.99K3 -
2:01:46
Tim Pool
19 hours agoIs Trump Still Winning? | The Culture War LIVE Debate
167K229 -
5:22
Michael Heaver
13 hours agoBritain's Enraged Voters Reject EXTREME Agenda
11.9K1 -
1:13:41
Rebel News
2 hours agoNo trade deal for Carney, Christian cancelled in BC Bible Belt, Liberal bail reform | Rebel Roundup
15.2K7 -
1:00:18
The Drew Allen Show on DailyClout
2 hours ago"Russiagate Is ‘Crime of the Century’"
10.5K2 -
1:20:41
Steven Crowder
5 hours agoBill Burr Flames Out on Conservatives, Whites, and... Ben Shapiro
227K146