#171 - Michael Saylor - Why You Feel Poorer (And Why AI Will Make It Worse)

In this deep-dive conversation, Michael Saylor, CEO of MicroStrategy, explains why people feel poorer despite economic growth—attributing it to relentless currency debasement driven by a 7% annual expansion of the dollar supply. He argues that human capital is being demonetized by AI and robotics, which will automate both white-collar and blue-collar jobs over the next decade. The solution, Saylor contends, lies in owning scarce desirable property—especially Bitcoin—as a hedge against inflation and systemic collapse. Drawing from history, he illustrates how civilizations rise and fall due to overreach, corruption, and the failure to maintain sound money. Bitcoin, he asserts, is the highest form of digital capital yet discovered: portable, scarce, secure, and resistant to censorship. He emphasizes that the real opportunity isn't just in owning Bitcoin, but in building financial infrastructure—like digital credit instruments (e.g., STRC)—that allow people to access Bitcoin’s returns without bearing its volatility. The future, he warns, will be defined by abundance, but also by social collapse if societies fail to adapt. The key to survival? Prepare now by acquiring assets, embracing decentralization, and understanding that power in the digital age comes from distribution, influence, and ownership—not labor.