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2024-12-03 03:37:33Michael Saylor shared his 3-minute presentation to the board of directors at Microsoft over the weekend. This just goes to show how early we are in bitcoin. They gave him THREE MINUTES!!! The man who has made over $10 billion in profit over the last four years using this strategy. Microsoft is currently sitting on hundreds of billions of dollars themselves in dollars and US treasuries. Their shareholders - not their leadership - but their shareholders believe that's a losing strategy. One of the biggest tech companies in history does not understand the biggest tech innovation in history. Or, as Saylor said in his presentation, the digital transformation of the 21st century - bitcoin is digital capital. So Saylor refers to bitcoin as digital capital. Satoshi referred to bitcoin as peer-to-peer electronic cash. Who is right? They are both right. That's the power of bitcoin and why it's about to flip everything we know about money, property, collateral, and scarcity on it's head. Real estate in Manhattan has historically been one of the best places to store wealth. But it has some serious holes. You cannot buy a coffee with a fraction of a skyscraper. You cannot buy $20 worth of the skyscraper. You cannot take full ownership of a skyscraper. And you cannot send half the skyscraper across the world in seconds. YET. All of this is coming. You will be able to do all of these things in the not-so-distant future. Everything will be tokenized and fractionalized. So then what? Will bitcoin still be the apex predator of financial assets? Yes. Because you can always build more skyscrapers if the demand is there. The skyscrapers have maintenance fees. Property taxes. Tenants. Unfavourable governments. So if we think about all these assets - bitcoin, real estate, land, gold, stocks, etc. They are all just places to store value. That you will be able to collateralize and lend against in the future. Bitcoin will be the one that reprices everything else because it's TRUE SCARCITY. That's the difference and that's what no other asset has to offer. Bitcoin is the best form of capital. --- PROJECT POTENTIAL - You can now find the expanded audio versions of these on the new podcast - Project Potential! I will be sharing the video versions here for the LITF members but you can also find it for free on Spotify and of course Fountain! Here is the link to Episode 004 on Fountain: https://fountain.fm/episode/4miKVDkcpQj5xkwNOH1F --- Have a great day everyone! And remember, the only thing more scarce than bitcoin is time! Jor