►
Description
Michael Saylor says everyone is going to lose their money! Is he on target? Are you worried that you could lose all your money?? Jonathan reacts to this worriesome message.
Original video: https://youtu.be/T9gBThhFTFk
---------------------------------------------------------------------------------------
Peerplays is the first-ever blockchain
Humanizing your experience of crypto.
Join the movement to bring you crypto ecosystems that
understand you, build relationships & maximize your freedom.
---------------------------------------------------------------------------------------
Join us now:
Rocket Chat: https://chat.peerplays.live/
Twitter: https://twitter.com/peerplays
Instagram: https://www.instagram.com/peerplays/
chat.peerplays.live
#crypto #cryptocurrency #bitcoin #bitcoinnews #proofofstake #proofofwork #investing #stockmarket #peerplays #reaction #reactionvideo #views #viral #media #michaelsaylor
A
So
is
this
true:
do
you
think
you're
gonna
lose
your
money?
Is
there
any
reason
we
should
believe
Michael
Saylor
in
all
of
this,
he
makes
a
number
of
interesting
points,
I
think
in
terms
of
being
able
to
understand
how
you're
going
to
lose
money,
you
gotta
understand
what
money
is
and
Michael
Saylor
is
very
good
at
talking
on
this
subject,
because
he
understands
money,
probably
better
than
most
people
he's
very
successful.
A
If
you
don't
know
who
Michael
Saylor
is,
and
he
happens
to
hold
a
lot
of
Bitcoin
I
mean
like
a
ungodly
amount
of
Bitcoin
through
his
company,
so
I
think
that
we
should
listen
to
what
Michael
Saylor
has
to
say
on
this
subject,
because
it
is
I
think
quite
important
to
understand
for
you
to
be
able
to
survive
and
thrive
in
what
is
coming.
So,
let's
get
into
it.
B
We're
the
richest
company,
a
country
in
the
world,
though
so
the
U.S,
the
U.S,
has
the
world's
Reserve
currency.
So
if
you
think
about
the
way
the
economy
worked
24
months
ago,
the
the
the
countries
like
China
or
sorry,
countries
like
Russia
and
the
like
export
a
trillion
dollars
worth
of
raw
materials
like
energy
and
metals
and
the
like,
and
in
countries
like
China
export,
a
trillion
dollars
worth
of
products
and
services
products,
and
we
pay
for
them
by
sending
back
two
trillion
dollars
worth
of
dollars.
B
C
Bitcoin
has
outperformed
almost
every
traditional
asset.
In
recent
days,
observers
said
the
cryptocurrency
has
stayed
resilient
to
renewed
turmoil
in
traditional
markets
due
to
several
factors
correct,
including
the
absence
of
large
sellers
continued
holding
by
long-term
investors
and
quarterly
options
expiry.
Since
the
Federal
Reserve
raised
U.S
borrowing
costs
by
75
basis
points.
A
week
ago,
the
dollar
Index
has
rallied
four
percent,
while
the
S
P.
B
C
A
C
Today's
video
Michael
Saylor
updates
about
his
thoughts
on
Fiat
money
and
government
intervention
in
crypto,
ESG
policy
and
top-down
central
government
Michael
also
talks
about
it
is
riskier
to
stay
where
you
are
when
considering
to
what
extent
governments
are
suppressing
the
free
market,
controlling
your
assets
and
Manufacturing
metrics.
That
don't
reveal
the
true
pictures.
I.
A
Right
there
I
really
want
you
to
hear
what
he
said
there.
What
you
really
need
to
do
is
Embrace
technologies
that
support
individual
sovereignty
and
freedom.
That
is
what
you
need
to
do.
He
is
100
correct.
A
thousand
percent
correct,
I
I
can't
emphasize
enough
how
important
it
is
that
you
Embrace
technologies
that
will
support
your
individual
sovereignty
and
freedom.
A
A
Those
are
the
the
early
adopters
right
that
can
do
that
and
be
able
to
really
harness
the
power
of
their
sovereignty
and
their
freedom
are
going
to
be
protected
in
this
kind
of
circumstance,
because
they've
taken
steps
in
order
to
ensure
that
their
assets
are
protected,
as
these
climberactic
happenings
occur
throughout
the
world,
because
time
has
come.
You
know,
we've
now
come
to
a
point
where
the
cycle
for
this,
these
types
of
currencies
are
no
longer
going
to
work.
A
We've
they've
been
manipulated
into
Oblivion,
so
I
think
Michael
Saylor
understands
that
very
well
and
I
think
that
it's
very
key
that
you
look
at
things
through
that
lens
is
this
something
that
is
going
to
increase
individual
sovereignty
and
freedom?
Is
it
a
technology
that
is
going
to
help
you
to
do
that?
If
it
is,
then
that's
something
you
should
be
embracing
and
that's
something
you
should
be
incorporating
into
your
lifestyle
simply
put.
A
A
B
Are
you
gonna,
buy
a
million
dollars
of
gold
and
put
it
in
a
bank
of
a
centralized
institution
that
will
seize
it?
Are
you
gonna
buy
a
million
dollars
of
land
in
the
middle
of
Beijing,
where
the
government
of
China
could
just
take
it
from
you?
Are
you
going
to
buy
a
million
dollars
worth
of
a
stock
in
a
Chinese
company?
B
How
about
American
company
how
about
an
Argentinian
company,
or
are
you
going
to
buy
a
million
dollars
worth
of
a
crypto
asset,
that's
in
cyberspace,
beyond
the
reach
of
a
government
or
a
corporation,
and
so
clearly
that
I
mean?
The
answer
is:
if
you
take
all
of
your
money
and
all
of
your
power,
and
you
put
it
in
the
middle
of
Beijing
right,
they
own
you.
They.
B
If
you're,
if
your
life
is
not
consistent
with
the
policies
of
that
government,
then
you
lose
everything
when
you
put.
If
you
took
all
your
money
and
you
you
invested
it
in
New,
York
City,
the
mayor
of
New
York
could
just
take
it
and
if,
if
New
York,
you
know,
if
you
took
all
your
money
and
you
put
it
in
New,
Zealand
and
New
Zealand
locked
down
the
economy
for
a
year
right,
then
they
own
you.
But.
A
So
look
at
what
sailor's
talking
about
here,
because,
typically,
when
you
listen
to
people
talk
about
investing
and
things
like
that,
so
he
just
went
through
the
three
big
ones
that
everybody
looks
to
when
they
think
investing
gold,
real
estate
or
some
company
located
somewhere
right
and
in
every
single
case,
there's
a
situation
where
you're
you
really
don't
own
what
you
got
or
or
you're
you're.
Basically,
at
the
behest
of
somebody
else,
you
have
counterparty
risk.
A
So
in
the
case
of
gold,
you
just
made
the
case
he's
like
well
they're,
just
going
to
seize
your
gold
when
the
case
of
real
estate
well,
depending
on
where
you
locate,
if
you're
gonna
be
the
military
Beijing.
Well,
guess
what
the
Chinese
government
owns
you
same
case
in
any
other
place
in
the
world.
If
you're
going
to
own
a
company
doesn't
matter
where
the
company's
own?
A
Where
are
the
companies
located
you're
going
to
end
up
at
the
behest
of
the
the
ones
who
are
running
that
company
and
they
can
do
whatever
they
want
so
or
are
you
going
to
own
a
crypto
asset
which
doesn't
care
it's
going
to
keep
on
going
and
doing
what
it
does
not
be
manipulated
by
any
of
these
factors?
No
government
or
institution
or
whatever
can
take
it
away
from
you?
A
Where
are
you
going
to
put
it
if
you
had
millions
of
dollars
right-
and
this
is
a
question-
and
this
is
an
interesting
they're
saying
millions
of
dollars,
because
people
who
have
significant
amount
of
wealth?
When
you
have
a
lot,
then
you
worry
more
about
it
right.
We
don't
have
a
lot,
then
you
start
to
kind
of
like
follow
what
everybody
else
does
and
don't
really
pay
attention.
A
A
The
bottom
line
is:
is
that
all
these
other
assets
that
you
think
are
going
to
be
able
to
be
protected
are
not
they
are
you
got
to
think
you
got
to
think
almost
like
medieval
back
in
the
day
everybody
had
to
have
armies
to
protect
their
things.
Today,
it's
we
become
somewhat
more
complacent
to
the
idea
that
certain
laws
of
the
land
are
going
to
protect
us
in
certain
circumstances.
The
fact
is,
though,
we've
seen
and
he
even
talks
about
certain
countries.
He
talks
about
New,
York
City.
He
talks
about
New
Zealand.
A
These
are
the
places
where
companies
got
completely
racked
under
the
lockdown
rules,
right
they
were
able
to
just
you
know:
Bing
Bang
Boom,
we're
just
going
to
Institute
this
whole
new
process
and
guess
what
we're
just
going
to
take
away
whatever
you
have
we're
going
to
lock
down
whatever
you're
doing
and
we're
going
to
destroy
your
livelihood
and
they
did
it.
They
did
it
everywhere.
So
you
don't
think
it's
going
to
happen
again.
It
can
happen
again
because
you
they
just
demonstrated
the
power
to
do
it.
A
A
Remember
911
what
happened
after
that
when
you,
when
you,
when
you
had
to
go
to
an
airport
now
you
do
this
whole
song
and
dance
of
taking
your
shoes
off
and
stuff
like
this,
to
give
the
idea
the
illusion
that
it's
somehow
more
safe,
but
it's
not
it's
simply
a
way
for
them
to
be
able
to
institutionalize
more
authoritarian
measures
any
place
they
can
that's
where
we
live
in
so
again,
technologies
that
will
increase
and
enable
more
sovereignty,
individual
sovereignty
and
freedoms.
You
have
more
of
that.
A
C
I'm
going
to
regained
the
19
000
level,
Wednesday
intraday,
as
industry
Watchers,
pondered
Anew,
whether
the
largest
cryptocurrency
would
become
a
go-to
asset
in
times
of
high
inflation.
Btc
was
recently
up
about
three
percent
over
the
past
24
hours
and
roughly
six
percent
over
the
past
seven
days
following
the
philosophy
of
buying.
When
there
is
blood
in
the
streets
and
the
common
saying
of
Being
Greedy.
When
everyone
around
you
is
fearful,
we
might
be
at
an
opportune
time
to
start
slowly,
placing
Capital
the.
B
The
challenge
with
money
is
the
Fiat
currencies
that
are
used
communities,
money,
they're
all
broken.
They
all
have
a
big
hole
in
them.
We
could
call
it
inflation,
but
inflation's
such
a
Charged
term,
because
most
people
think
inflation
is
CPI.
The
defect
in
Fiat
currencies
is
monetary,
inflation,
it's
the
expansion
and
the
money
supply,
and
not
just
the
increase
in
consumer
goods,
because
the
CPI
is
a
distorted.
It's
a
submetric
right.
B
B
You
know
90
92
years
ago
now,
if
you
back
solve
that,
you'll
find
that
that
works
out
to
about
a
six
percent
or
seven
percent
annualized
inflation
rate
right
and
if
you
go
and
you
look
at
any
kind
of
scarce
desirable
asset,
something
that's
something
that
is,
you
can't
make
any
more
of
you'll
find
typically
the
increase
in
cost
about
seven
percent
a
year.
Normally
right,
you
can
actually
see
if
you
look
at
the
market
basket
of
things.
People
like
want,
like
really
good
health
care,
really
good
education.
B
A
A
We
can
see
in
this
video.
They
talk
about
things
about
the
Bitcoin
price
and
where
it's
at
now
and
over
the
last
couple
days,
it's
fluctuated
a
few
percent.
Who
cares
like
think
about
it?
This
is
a
technology
that
enables
individual
sovereignty
and
freedom.
That's
what
we're
talking
about
here
and
the
reason
why
it's
going
to
increase
in
overall
value,
especially
compared
to
Fiat
currencies,
which
are
the
exact
opposite
of
that
they
remove
your
sovereignty.
They
remove
your
freedom
right.
You
were
a
slave
to
the
system
because
of
the
way
it's
designed.
A
So
why
would
you
want
to
keep
on
supporting
that?
Why
would
you
even
continue
to
calculate
your
value
and
worth
in
those
types
of
terms?
It
frustrates
me
how,
in
the
crypto
space
we
we-
and
this
is
because
of
of
what
we're
familiar
with
what
we're
used
to
you
know
we
grew
up
with
this.
This
is
what
we
everybody
sees
and
how
everybody
is
wired
to
think
in
dollars
and
and
whatnot,
and
this
is
just
because
of
what
we've
been.
What
we've
been
grew
up
with.
A
You
know,
Bitcoin
and
crypto
has
only
been
around
for
just
over
a
decade,
so
yeah
I
get
it
I,
get
it
you're
not
used
to
it.
But
let's,
let's
start
to
enable
and
let's
start
to
actually
support
the
sovereign,
individual
Freedom
making
type
of
systems,
let's
start
calculating
things
in
satoshi's,
let's
start
calculating
things
in
the
crypto
assets,
values
versus
dollar
values,
because
every
interface
you
look
at
now,
it
all
translates
into
dollar
values,
because
it's
what
people
are
used
to,
but
we
need
to
change
that
way
of
thinking.
That's
just
my
take
anyway.
A
I,
don't
know
how
you
feel
about
it.
I
understand
it's
all
a
matter
of
what
people
are
used
to.
The
truth
is,
though,
we're
people
we
can
learn
like
if
you
get
used
to
something,
then
you
get
used
to
it
from
repeating
it
not
by
hiding
it
right.
So
I
think
that'd
be
really
good
idea.
If
more
of
the
crypto
space
could
start
supporting
calculating
things
that
satoshi's
and
thinking
in
those
terms,
rather
than
thinking
dollars,
which
are
disappearing
so
disappearing
in
value
anyway,
they
just
keep
on
Printing
and
printing
anyways.
C
Rebound
Wednesday
followed
the
bank
of
England's
announcement
earlier
in
the
day
that
it
would
buy
bonds
after
the
government's
tax
cut
plan,
triggered
a
massive
sell-off.
Painful
inflation
has
led
central
banks,
including
the
U.S
federal
reserve,
to
pursue
aggressive
interest
rate
hikes,
putting
downward
pressure
on
prices
of
risky
assets
from
stocks
to
cryptocurrencies.
B
When
we
were
on
the
gold
standard
theoretically
during
the
gold
age
1870
to
1914,
if
a
if
a
dollar
was
convertible
at
a
20th
ounce
of
gold
right-
and
you
really
pegged
it
hard
to
gold-
then
you're
anchoring
the
currency
into
a
hard
asset.
Now
gold
isn't
isn't
fixed.
In
Supply,
the
gold
Supply
increases
at
two
percent
a
year,
two
to
three
percent
a
year.
That's
right!
B
So,
if
you're
on
the
gold
standard,
that
means
that
the
supply
of
money
would
be
increasing
at
two
percent
a
year
or
an
otherwise
doubling
every
35
years.
So
so
money
under
the
gold
standard
perfectly
executed
bleeds
energy
every
35
years.
It's
got
a
half-life
of
35
years,
but
that
creates
stable
prices
Tom
because
the
economy
grows
at
two
to
three
percent
a
year.
So
if
the
economy
grows
three
percent
a
year,
if
the
money
loses
three
percent
of
its
value
a
year,
then
everything
kind
of
stays
stable
right.
B
B
Now
seven
percent
was
the
about
the
rate
that
the
U.S
was
inflating
the
dollar
supply,
but
in
the
developing
World
in
weaker
countries
you
would
see
them
inflate
the
the
money
supply
about
double
that
14.
So
the
half-life
of
their
money
is
five
years.
The
half-life
of
the
dollar
is
ten
years.
Most
people,
don't
even
notice.
10
years
is
half-life
except
that
anecdotally.
B
A
C
The
global
crypto
market
capitalization
has
dropped
from
2.9
trillion
dollars
in
November
to
959
billion
dollars.
Now
we
think
that
crypto
was
just
following
the
same
Trend
as
the
market,
and
it's
just
pure
risk-off
appetite
because
of
the
current
volatility
and
uncertainty.
If
the
stock
market
rally
is
able
to
overcome
hard
Landing
fears
that
should
provide
a
nice
backdrop
for
cryptos.
This
brought
a
risk
on
rally
doesn't
seem
like
it
has
legs
to
stand
on,
but
this
bounce
could
last
a
little
longer.
A
Michael
Saylor
clearly
is
explaining
to
you
what
money
is
all
about.
It
essentially
is
a
money
printer
and
it
goes
at
a
rate
of
roughly
on
average
seven
percent
per
year,
although
in
the
last
couple
years
we've
seen
50
percent
of
the
total
circulation
printed,
which
has
just
completely
destroyed
it.
So
what
are
you
gonna
do?
A
You
is
having
that
technology
to
be
able
to
enable
and
Empower
you
versus
technology
which
could
potentially
enslave
you
Fiat
today
the
money
system,
the
banking,
the
cbdc's
that
they're
planning.
All
of
these
things
will
enslave
you
into
a
system
where
you
have
no
choices.
You
have
no
sovereignty,
you
don't
even
have
your
own
money.
You
will
own
nothing
and
you
won't
be
happy.
So
that's
my
take
on
Michael,
Saylor
and
I
think
that
a
lot
of
what
he
said
was
correct.
A
If
these
are
the
caliber
people
that
are
standing
behind
Bitcoin,
then
you
should
be
among
them
and
I
think
that
more
and
more
people,
as
they
begin
to
understand
how
money
really
works,
are
going
to
make
the
same
choice.
So
it's
a
it's
really,
not
a
matter
of
questioning.
What,
if
this
or
what?
If
that
it's
the
system,
the
system
will
do
what
it
was
designed
to
do.
100
of
the
time
the
Fiat
system
was
designed
to
be
completely
corrupted
and
basically
collapse.
A
Meanwhile,
Bitcoin
is
designed
to
continue
to
keep
going,
no
matter
what
and
despite
what
anyone
does,
because
these,
and
that's
thanks
to
decentralization
as
thanks
to
the
technologies
that
were
designed
in
that
way.
So
you
want
to
support
that
I
know
I
want
to
so
anyways.
That's
all
I
have
to
say
for
today.
Please,
like
And,
subscribe
this.
If
you
have
any
comments
on
what
I
had
to
say
on
it,
I
welcome
your
feedback,
and
maybe
it
will
influence
what
I
decide
to
talk
about
in
the
next.
One
till
then
have
a
great
day.