In this episode of “Y.E.L. 2.0”, host Peter Voogd, Entrepreneur, Mentor, Speaker, Best-selling Author, and Founder of the prestigious ‘Game Changers Academy’ talks with guest Mr. Michael J. Saylor, CEO of The Business Analytic Software for MicroStrategy. He is deep-diving into Bitcoin, sharing facts, and strategies to buy it. Michael is talking about it from a political, social, economic, and legal standpoint. Episode Highlights Michael says, when you evaluate economics, you have to be able to think from first principles, what does currency mean? What is a bond/stock/property? How do you value property/stock/ bond/currency?  When you think about inflation, you realize there isn't one inflation rate; a million inflation rates are changing everywhere all the time for every product. Peter enquires why don't more people think for themselves and try to get the first principle. If you had the right teachers, and they poked you the right way, then that's helpful. So not everyone has the benefits of the best education. If we simply just wiped the deck clean you could be anywhere and do anything you wanted. That would allow you to move very aggressively.  We need more independent thinkers to push this culture forward. We need to find a Crypto Asset that looks like gold on a big tech network that you can move at the speed of light. If you look at the experience of Bitcoin from 2018 to 2020, the entire asset class hardens institutionalize and stabilize. It was pretty clear that Bitcoin was going to be the dominant winner proof of work, not Bitcoin cash, and not Bitcoin Satoshi vision.  It's challenging to develop the gold or generate yield on gold.  They're all forms of property but they're all 20th-century property that's expensive to maintain, slow to move, and hard to develop. Bitcoins are a 21st-century property, we can move to the speed of light.  If you want 8 billion people to do business with each other and 100 million companies at the speed of light with no friction across 20 or 30 or 40 billion mobile devices across every political domain.  Bitcoin fixes everything because it's pure energy.  A lot of times people that are promoting gold own gold miners.  If you move too fast, you generate sparks and friction.  If we fixed all this tomorrow Bitcoin would be trading at $10 million a coin and you wouldn't be able to afford it as it is right now. Peter says you're still not sure if it takes you 30 years to notice something which is a dominant network, and then your career is over. Michael has been pleasantly surprised by the support coming from regulators and politicians. The one thing that's certain in the crypto sphere is Bitcoin is digital property. It's not security, and it’s okay to own it.  The debate was, is it a currency or is it an asset, and so, people have established it is an asset it's not a currency.  The world is waiting for clarity from the regulators on what is the security, and what is property, says Michael The Safe Harbor is a digital property on the Bitcoin network as a store of value. If you're an individual, you can't carry more than $50,000 worth of capital outside of China, it's a capital control thing. It'll be a problem to own Bitcoin in a country where you have no property rights; you're not allowed to own any property. When you understand it as property then you figure out what kind of property you want to own, what jurisdiction you're in, then you can kind of figure it out. If you're a saver, and you have pesos, convert them to dollars, that's a stronger asset and if you have dollars, convert that to Bitcoin, that's a stronger asset If your choice is starved to death, or own something in the gray market or the black market, you've got to do the right thing for your family. Some are trying to crack down on Bitcoin mining was a scare but Bitcoins come back roaring better than ever. Peter asks, what is that strategy of borrowing against the assets? Michael points out, as long as