►
From YouTube: HAS CRYPTO BEEN CHANGED? | OFFICIAL @libraryofwealth
Description
In this video, Michael Saylor is letting you know that as of now, crypto has been officially changed, he suggests what people should be doing moving into the future of crypto and bitcoin.. Jonathan reacts!
Original video: https://youtu.be/vd4KRF7wFDc
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A
So
we
are
going
to
look
at
what
Michael
Saylor
had
to
say
and
give
our
take
on
it
and
see
if
we
agree
or
disagree,
oftentimes
I
do
tend
to
agree
with
Michael
Saylor
on
some
things.
However,
I
tend
to
disagree
on
some
some
of
other
things.
He
goes
on
about
simply
because
I'm
not
in
the
same
position.
A
He
is
you
got
to
keep
in
mind
when
you're
listening
to
these
influencers
or
these
leaders
in
the
world,
where
they're
coming
from,
because
that
largely
influences
the
way
that
they're
telling
their
message
as
well
as
the
kind
of
message
they
want
to
put
out
there.
So
let's
take
a
look
and
see
what
Michael
Saylor
had
to
say
this
time
like.
C
Guys
welcome
back
to
Library
of
wealth.
Today
we
have
the
CEO
of
microstrategy
Michael
Saylor.
Talking
about
the
issues
in
the
crypto
industry
today.
Sailor
feels
that
Bitcoin
is
the
best
option
for
anyone
who
lives
in
a
nation
where
they
cannot
trust
the
bank
or
local
currency.
That's
the
problem
with
currency
in
the
long
run
is
that
even
the
strongest
coin
will
lose
99.9
percent
of
its
value
over
the
next
hundred
years.
C
A
Just
a
few
things
on
that
intro
right
there,
he
talked
about
how
it
Michael
Saylor
is
under
attack
because
of
the
falling
price
of
Bitcoin
and
the
volatility,
and
things
like
this
I
think
we
talked
about
this
before
that.
We're
talking
about
the
dollar
right,
we're
talking
about
US
dollar,
we're
talking
about
something
which
has
been
manipulated,
as
you
just
said,
in
the
intro.
So
you
have
a
dollar
where
its
values
being
manipulated
with
changing
CPI
values
and
then
yet
we're
talking
about
how
Bitcoin
is
falling
against
this
again.
A
One
Bitcoin
is
one
Bitcoin,
but
if
it's
all
about
the
dollar,
then
yeah,
maybe
that's
a
problem
for
you,
but
long
term.
You
gotta
think
about
what's
going
on
and
Michael
Saylor's
position,
as
I
just
talked
as
I
mentioned
in
the
intro,
is
that
he
is
the
CEO
or
was
CEO
actually
of
the
company,
that
is
in
it
for
investors,
and
so
their
concern
is
seeing
the
increase
in
their
value
and
short
term.
A
If
you're,
if
you
have
a
short-term
Outlook,
that's
hard
to
do,
but
if
you
have
long
term
you're
good
to
go
and
if
you're
actually
understanding
how
these
dollars
and
these
Fiat
currencies
are
falling,
you
shouldn't
really
be
going
on
about
how
the
value
of
Bitcoin
is
falling
against
them.
It
isn't
it's
actually
holding
up
against
them,
but
it's
all
a
matter
of
how
you
paint
the
picture.
So,
let's
keep
going.
B
We
struggle
with
the
challenge
of
authority,
you
know
Lord
Acton,
said
absolute
power
corrupts
absolutely
absolutely,
and
the
only
difference
between
absolute
power
today
and
absolute
power
10
000
years
ago
is
today
we
have
a
company
that
listens
to
everything.
A
billion
people
say
we
have
another
company
that
answers
the
questions
that
four
billion
people
ask.
B
B
Wow
now
I
asked
you
the
question:
if
you
got
ejected
out
of
the
third
biggest
country
in
the
world
or
if
I
denied
you
privileges
to
live
in
any
of
the
five
largest
countries
in
the
world,
would
your
life
go
on
probably
yeah?
Now
what?
If
you
actually
got
canceled
by
Apple,
Amazon
Facebook
Google
tomorrow?
B
The
question
is:
would
your
life
go
on
what
stop
and
think
a
little
bit
about
what
happens
if
they
simply
turned
off
your
account?
Seized
your
photos
turned
off
your
messages,
took
your
documents.
What,
if
Microsoft
just
denied
you
access
privileges?
Could
you
run
a
business?
Could
you
work
it's
a
big
question.
We
we've
never
had
I
used
to
make
the
joke
Apple's
the
most
valuable
company
in
the
world,
because
there's
never
been
a
company
in
the
world
as
valuable
as
Apple.
B
It
legitimately
is
the
most
valuable
because
it
can
change
the
lives
of
a
billion
people
over
the
weekend
by
shipping
some
electricity,
and
that
is
not
something
we
struggle
with
a
hundred
years
ago.
So
the
question
really
is
what
happens
if
this
goes
on?
Companies
get
bigger,
we
got
big
Tech
governments
get
bigger.
A
So
he
went
from
one
question
to
another.
What
would
happen
if
you
got
canceled?
What
would
happen
if
your
Facebook,
your
Google,
your
your
your
Microsoft
account
your
all?
These
big
social
media
accounts
got
taken
Offline
that
that
they
they
denied
you
access
from
being
able
to
use
these
ever
again.
A
Do
you
think
you
could
go
on
I,
I,
honestly
I
could
see
how
that
would
be
very
difficult,
but
I
also
see
why
it's
so
important
to
focus
more
on
using
self-hosted,
Solutions
and
I.
Keep
on
emphasizing
this
with
everything
that
we
do
and
a
lot
of
people
struggle
with.
Why
I'm
always
going
on
about
that
because
to
them
it's
just
like.
Well,
you
could
just
use
Google,
it's
all
on
Google,
it's
easy,
or
are
they
just
like?
Oh
I
could
just
use
my
Apple
account
to
do
this.
A
Oh
you
just
do
this
on
Facebook.
Why
would
you
use
something
else,
and
the
truth
is:
is
that
well
yeah?
If
you
you
could
get
into
that
and
then,
if
it
gets
shut
off
or
banned,
which
is
happening
left
right
and
Center
to
a
lot
of
people?
These
days
you
lose.
You
you
get
completely
de-platformed
and
at
that
point,
how
do
you
reach
everybody?
A
Let
us
know
in
the
comments,
if
you
think
you
could
live
with
that,
if
you
got
completely
canceled
tomorrow
is,
are
you
going
to
be
able
to
continue
to
carry
on
business?
Are
you
going
to
be
able
to
carry
on
with
even
like
I
guess
your
life,
because
so
much
of
your
your
ability
to
be
able
to
get
employed
relies
on
having
a
digital
presence
right,
so
yeah
I
think
it
would
be
very
difficult.
A
Of
course,
if
you
have
some
technical
prowess,
you
can
get
around
that
a
little
with
hosting
your
own
stuff.
You
know
getting
yourself
your
own
domain,
getting
your
own
email,
getting
all
these
things
set
up
and
using
open
source
software,
but
at
the
same
time,
if
they
really
are
canceling,
you
you're
going
you're
going
to
be
barred
out
from
a
lot
of
the
walled
Gardens,
which
are
these
Tech
Giants
right.
So
anyways
just
my
thoughts
on
that
before
he
started.
B
B
The
story
of
Atlas
Shrugged
is
the
story
of
of
of
individuals
struggling
against
the
collective
and
eventually
they
realize
it's
a
corrupt
and
a
rigged
game,
and
they
can't
succeed
at
it
and
the
solution
that
John
Galt
offers
is
to
withdraw
from
the
corrupt
economy.
So,
should
we
follow
John
galt's
example?
Should
we
just
withdraw
from
a
corrupt
economy?
C
A
So
the
comments
that
were
just
made
there
by
the
wealth
Library
talking
about
what
Michael
saylors
talked
about
in
terms
of
getting
crypto
regulated
in
order
for
lots
of
money
to
flow
into
the
system
that
was
after
Michael
Saylor
started
to
talk
about
John
gals
take
which
is
like
disconnect
from
the
system
like
he's
like.
Can
we
do
that
he's
like?
Obviously
that
hasn't
happened
right
and
it's
true?
It
hasn't
happened,
but
I
I
disagree
like
he
actually
didn't
answer
the
question
either.
A
A
The
ability
for
people
to
do
that
is
becoming
I
would
say
in
the
last,
even
in
the
last
five
years,
it's
become
much
easier
and
the
easier
it
gets
the
harder
it's
going
to
be
for
the
system
to
retain
people
in
it
because
they,
as
the
video
just
talked
about
as
what
Michael
Sayler
was
talking
about,
was
that
people
are
disillusioned
by
seeing
the
game
is
rigged.
We
have
no
way
like
they
know
that
the
system
is
corrupt.
The
game
is
rigged,
they're
not
going
to
get
ahead.
A
A
So
I
don't
think
that
I
disagree
with
Michael
Saylor
on
this
point
that
we
need
to
have
institutional
money
flowing
into
crypto,
for
where
he's
at
it
is
important
or
the
idea
that
the
the
idea
of
the
the
US
dollar
being
against
the
US
dollar
value
against
Bitcoin,
and
all
of
that
happening.
That
will
happen
and
it'll
probably
happen
anyway.
A
A
He
he's
he's
still
in
it
to
expect
that
this
Juggernaut
is
going
to
move
along
with
this,
and
he
thinks
that
it's
just
not
going
to
have
a
choice.
It's
going
to
have
to
make
these
moves
in
order
to
be
able
to
survive
and
he's
positioning
himself
in
a
way
that
he
thinks
will
be
beneficial
to
the
company
to
his
shareholders,
because
that's
what
he
has
to
do,
I
I
tend
to
disagree.
I
I
he's
his
question
to.
A
A
Yeah
I,
don't
know,
I.
Think
I,
like
I,
said
it's
getting
easier.
It's
getting
easier,
there's
Alternatives
that
are
just
growing
everywhere,
like
mushrooms
and
they're
they're
hard
to
you,
don't
realize
just
how
connected
these
mushrooms
you
see
sprouting
up
everywhere
are
and
when
it
happens,
it's
already
too
late,
yeah,
so
anyways.
Those
those
are
some
of
my
thoughts
on
that.
Let's
keep
going.
B
A
B
P,
l,
where
do
you
generate
cash
flow?
In
order
to
pay
your
expenses
yep?
You
wanted
that
to
be
a
streaming
YouTube
channel.
You
want
that
to
be
a
bakery
in
on
Venice
Beach,
you
choose,
there
are
consequences
and,
finally,
you
can
choose
where
to
place
your
wealth
in
March
of
2020,
the
world
came
to
a
grinding
halt.
B
A
Did
you
catch
that,
like
he's,
he's
referring
to
us
all,
being
slaves
in
this
economic
system
and
he
saw
Bitcoin
as
a
way
to
be
able
to
escape
the
economic
serfdom?
That's
that's
really
a
contrast
to
how
most
people
see
it.
I
think
I.
Think
most
people
don't
realize
that
they
are
like
slaves
in
a
system
and
when
you
say
something
like
that,
it
seems
so
foreign
to
most
people,
because
they
kind
of
go
about
their
day
to
day
and
yeah.
A
You
don't
realize
just
how
change
you
are
to
it
and
how
limiting
it
is
to
you
once
you
try
to
move,
though
you
find
out,
and
people
like
Michael
Saylor,
they
hit
it
all
the
time,
because
they're
moving
all
the
time
and
they
realize
just
just
how
enslaved
they
are.
So
that's
pretty
profound
to
to
that
when
you
think
about
it
so
good
stuff,
let's
keep
going.
B
A
protocol
to
create
free
ideas,
free
economies
and
free
assets
beyond
the
control
of
corrupt
institutions.
It's
fast,
fair
and
Equitable
method
to
settle
the
differences
of
8
billion
people.
We
say
in
the
Bitcoin,
we'll
fix
the
money
fix
the
world.
Look:
there's
20
000
cryptos,
there's
one
there's
95
dominant,
which
is
ethically
sound,
technically
sound,
economically
sound
Bitcoin
is
reared
in
metal
Bitcoin.
It's
the
hardest
substance
in
the
universe.
Most.
B
People
thought
we
were
crazy.
So
then
we
bought
another
175
million
people
thought
we
were
crazy.
Then
we
bought
600
million.
More
people
said
you
can't
stand
on
it.
It'll
destroy
you!
It's
like
standing
on
a
bridge
made
of
steel
and
I
concluded
it's
the
perfect
engineered
material
to
solve
our
problem,
but
people
are
living
in
fear
and
how
are
we
going
to
get
them
to
not
be
fearful
and
I
was
reminded
of
Andrew
Carnegie's
example.
B
It's
like
build.
The
bridge
go
stand
out
in
the
middle
of
the
bridge.
You
build
an
airplane
fly.
The
airplane
show
people
that
is
not
going
to
break
that's
what
microstrategy
did
we
said.
Well,
if
it's
good
for
100
million,
it's
good
for
a
billion.
If
it's
good
for
a
billion,
we
might
as
well
go
for
4
billion
right
and
at
some
point
people
will
realize
that
they
have
more
to
fear
by
not
embracing
this
technology
than
by
embracing
it
right.
Now,
it's
a
400
billion
dollar
asset.
B
A
B
B
In
the
war
for
the
future
of
money,
it's
going
to
be
one
with
money.
As
the
money
moves
into
the
network,
the
the
monetary
Union
gets
more
powerful.
Everybody
that
joins
the
network
has
that
much
more
power,
and
your
only
hope
against
the
oppressive
force
of
the
collective
is
to
unionize
your
your
own
activities
and
organize
your
activities
with
people
of
like
ideology
that
believe,
as
you
believe
so.
A
Michael
Saylor
thinks
that
we
shouldn't
remove
our
work
from
the
economy,
but
we
should
remove
our
money,
so
that
means
take
all
your
whatever
dollar
Fiat.
Whatever
you
make
money
in
per
se
and
move
it
into
Bitcoin.
That
is
his
answer.
I
think
that
is
Sound
Advice
coming
from
Michael
Saylor
I
think
that
the
idea
of
having
not
removing
the
work
from
the
economy
but
then
moving
the
money
is,
is
a
specific
strategy
which
he
refers
to
as
a
war
which
is
interesting.
They
are.
We
are
basically
when
you
do
that.
A
You're
joining
a
union
of
bitcoiners,
I,
guess
or
crypto
enthusiasts
that
essentially
are
rallying
against
the
collective,
so
I
think
that
that's
certainly
something
of
a
strategy
you
could
employ
I
think
that
you
should
look
at
ways
to
remove
everything.
I
just
I
think
that
there's
there
there's
more
opportunities
now
to
do
that.
Right
now,
I
would
say.
Removing
your
money
via
Bitcoin
is
an
answer
for
what
you
could
do
today.
A
So
if
you
can
take
that
step,
like
he's
talking
about
that's
a
good
idea,
I
think
that
that's
certainly
a
way
to
be
able
to
have
your
part
in
the
war
as
he
calls
it.
But
if
you,
in
terms
of
like
how
you
work
and
how
you
produce,
and
what
your
your,
your
your
work
productivity
is
concerned,
that's
a
little
more
tricky.
We're
not
there
yet.
However,
I
think
that
technology
is
catching
up
and
there's
going
to
be
ways
to
do
that.
A
It's
only
been
a
couple
of
years
that
the
whole
digital
economy
has
has
come
about
so
like
in
terms
of
like
really
being
able
to
be
as
mobile
and
everything
else
as
he
was
talking
about
that.
Wasn't
even
something
I'd
say
five
years
ago
right,
so
things
can
change
really
really
fast.
What's
gonna
happen
in
the
next
five
years
remains
to
be
seen.
A
I
think
that
we're
going
to
see
this
trend
continue
towards
decentralization
I
think
that
the
existing
behemoths
that
he's
referring
to
as
the
collective
per
se
are
going
to
continue
to
do
as
they
do,
and
it's
ultimately
up
to
you
what
side
you
want
to
be
on
I
guess
in
terms
of
what
kind
of
future
you
want
to
create
for
yourself
and
your
children,
and
that
all
comes
down
to
the
choices
you
make
in
your
own
personal
world
right.
So
are
you
going
to
put
your
money
into
Bitcoin?
A
The
choice
is
yours:
make
it
a
good
one?
So
if
you
have
any
other
thoughts
on
this,
if
you
agreed
with
what
Michael
Saylor
said
and
some
of
the
things
that
I
said
that
I
didn't
agree
with,
and
you
think
that's
totally
off-
let
us
know
like
And
subscribe,
this
be
sure
to
check
out
our
other
videos,
because
we
have
given
reactions
to
what
some
of
these
other
people
have
said
in
the
industry,
so
that
you
got
my
thoughts
on
that
and
I'd
love
to
hear
your
thoughts.