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From YouTube: Are you a CRYPTOIST? Jonathan reacts to Michael Saylor discussing crypto regulations and more! pt1
Description
In this part 1 video, Michael Saylor talks about the next 8 years of Crypto, crypto regulation and more! Jonathan has alot to say about these topics so please watch till the end!
Original video: https://www.youtube.com/watch?v=YZzWJJwpLRg
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A
Foreign
ER
once
again
is
telling
us
how
the
future
of
Bitcoin
is
going
to
be.
Do
you
think
he
will
be
on
track
with
what
he
has
to
say,
because
he
is
actually
going
to
tell
us
how
Bitcoin
is
going
to
be
in
eight
years,
believe
it
or
not,
eight
years
from
now,
do
you
have
any
clue
where
Bitcoin
could
be
or
what
it's
going
to
be
like,
given
everything
that's
been
happening
in
the
last
year
with
all
the
craziness,
that's
happened
in
the
industry.
How
can
we
even
see
eight
years
into
the
future?
A
That's
like
2031
from
now
like
wow,
you
know,
what's
it
gonna
be
like
anyways,
Michael
sale
had
a
number
of
things
to
say
about
it.
I'm
gonna
look
at
what
he
has
to
say
and
give
my
take
on
it.
Is
it
good?
Is
it
bad?
Let
me
know
if
you
agree
with
what
he
has
to
say
or
if
you
agree
with
me.
Let
me
know
in
the
comments:
let's
get
down
to
it,.
B
B
A
B
A
B
A
A
B
It's
pretty
obvious.
Why?
So?
The
Meltdown
of
the
crypto
ecosystem
is
educating
an
entire
generation
of
mainstream
journalists,
mainstream
investors,
mainstream
regulators
and
policy
makers,
and
they
understand
that
now
now
they
have
to
do
something
and
the
regulation
that's
going
to
come
is
going
to
stop.
The
scams
is
going
to
stop
the
self-dealing.
It's
going
to
it's
going
to
provide
a
framework
by
which
people
start
to
understand
the
difference
between
an
ethical,
economically,
sound,
technically
sound
asset,
an
affair,
a
fair
Equitable,
principled
approach
versus
an
unethical
uneconomically,
sound,
untechnically,
sound.
A
Hold
it
right
there,
so
Michael
Saylor
once
again
in
this
point,
is
going
on
about
the
regulators
and
how
they're
going
to
have
to
come
in
and
they're
going
to
have
to
make
all
these
decisions
on
what
Bitcoin
is
and
what
all
these
other
things
are
and
I've
talked
about
it
before
you
got
to
understand
who
Michael
Saylor
is
and
what
position
he's
in.
When
you
hear
people
talking
about
Bitcoin,
you
hear
me
talking
about
anything.
You
hear
anybody
talking
about
anything.
Generally,
you
got
to
think
okay.
Where
are
they
coming
from?
A
Why
are
they
taking
that
position?
What's
in
it
for
them
right,
because
at
the
end
of
the
day,
Michael
Saylor,
he
is
all
about
Bitcoin
and
I
mean
all
because
he's
all
in
on
bitcoin,
which
means
with
his
position
and
the
kind
of
money
that
he
wants
to
see
flow
into
the
space.
In
order
for
Bitcoin
to
see
it
go
up.
A
The
way
that
he
has
talked
about
it
going
up
to
his
investors
is
really
what
he
is
angling
for,
and
that
is
his
duty,
his
fiduciary
duty,
as
in
his
position,
which
he's
no
longer
CEO,
but
he
is
in
the
position
of
promoting
Bitcoin
in
a
sense
that
is
meant
to
have
people
align
only
with
Bitcoin.
So
his
message
about
how
Regulators
need
to
come
down
on
everything
else,
except
Bitcoin,
is
the
kind
of
thing
that
Michael
Saylor
wants
to
see,
because
that
means
price
go
up
for
Bitcoin.
A
That's
the
bottom
line.
Now.
Do
we
really
want
to
see
that
is
crypto?
Really
what
you
know
the
the
the
whole
idea
that
crypto
is
nothing,
but
you
know
all
these
games.
What
Michael
Sayler
just
said
was
it's
like
Bitcoin,
but
it's
actually
energy
efficient,
but
now
it's
it's
not
now
it's
all
about
the
scams
and
how
it's
unethical,
and
now
it's
all
this
and
that
yeah,
that's
that's
not
fair
either.
You
know
it's
kind
of
I'm.
A
Looking
for
the
word,
it's
kind
of
cryptoist,
you
know
like
it's
kind
of
like
being
a
cryptoist
yeah
I've
just
made
that
up
so
you're
you're
a
cryptoist.
If
you
are
gonna
paint
all
crypto
projects
with
the
same
brush,
you're
going
to
pre-judge
them
and
have
your
own
ideas
about
what
they're
about
before
you
even
look
at
them.
Just
because
they're
not
Bitcoin,
you're,
a
cryptoist
I,
don't
know!
If
that's
going
to
stick,
no
anyways,
don't
be
a
cryptoist
like
Michael.
Sayler
is
because
he's
a
cryptos.
A
So
the
point
is:
is
that
you
need
to
look
at
all
things,
because
all
things
are
unique
right.
You
gotta,
you
gotta,
look
at
look
at
the
team.
That's
behind
the
projects!
Look
at
what
the
project
is
itself.
Look
at
the
protocol.
Look
at
everything
about
what
you're
looking
at
and
just
judge
for
yourself.
You
know,
because
really,
if
we're
all
about
taking
ownership
over
our
money,
we
gotta
start
taking
ownership
over
our
decisions.
A
We
gotta
start
taking
ownership
about
how
we're
going
to
judge
things
right,
stop
passing
it
off
to
Michael,
Saylor
or
somebody
else.
That's
out
there
right
or
me
for
that
matter:
I,
hey,
don't
don't
leave
me
out
of
the
mix.
I
encourage
you
to
make
your
own
decisions
all
the
time.
I'll
give
you
my
two
cents
to
help
you
along.
Maybe,
but
ultimately,
you
really
gotta.
Do
your
own
research,
like
everybody
else
likes
to
say
right,
so
I
take
exception
to
what
Michael
Saylor
is
saying
here.
A
It's
a
bit
cryptos
of
him
to
be
making
these
kind
of
statements
and
I
yeah
I.
Just
don't
think
that
this
is
what
the
regulator
should
be
doing
now.
As
far
as
I've
talked
about
before
in
regards
to
Regulators,
there
is
a
place
for
them
when
it
comes
to
dealing
with
Fiat,
because
that's
what
it's
all
about
unregistered
Securities
in
terms
of
being
Securities
sure
deal
with
Securities.
That's
fine!
The
truth
is,
though,
much
of
crypto.
A
Well,
there's
lots
of
in
crypto
that
doesn't
even
touch
on
that
right,
so
there's
no
need
for
it
right.
The
things
that
are
decentralized
will
have
nothing
to
do
with
regulators
and
securities.
The
things
that
aren't
definitely
will
right
and
those
are
the
ones
that
the
the
SEC
and
all
these
other
regulators
and
all
this
are
starting
to
look
at
and
once
again,
this
beating
of
the
drum
by
Michael
Saylor
about
wanting
to
bring
regulars
in
understand
it's
because
he
wants
Moi
book
Bitcoin
like
Bitcoin
number
one
all
the
way.
A
If
you
can
see
you
look
at
coin,
if
you
look
at
coin
Market
copy,
you
can
see
the
amount
of
value
that
is
in
Bitcoin
and
then
the
value
that
is
in
the
rest
of
crypto.
You
can
see
over
50,
like
almost
50
percent
of
it
I
think
last
time,
I
looked
at
just
today,
it's
around
54
of
it
is
Bitcoin
dominance,
imagine
40
the
other
46
or
so
going
back
into
Bitcoin.
A
Anyways,
that's
my
take
on
it.
Don't
agree
with
what
he
says:
don't
be
a
cryptos.
Let's
move
on.
Let
me
know
if
you
agree
with
what
he
has
to
say
or
if
you
agree
with
me.
Let
me
know
in
the
comments
anyways.
It
was
an
interesting
look
into
the
future.
I
hope
you
enjoyed
the
journey
like
And
subscribe.
If
you
did
hope
you
had
a
good
time
and
I'll
see
you
in
the
next
one.