Scarce desirable property and the Bernard Arnault test

Michael defines scarce desirable property and advises buying assets coveted by richer, cultured buyers in future.

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Episode notes

The economy you grew up in is ending and most people have no plan. Bitcoin pioneer Michael Saylor reveals why you have 10 years to adapt before AI rewrites everything.

Michael Saylor is the founder of MicroStrategy and one of the most influential voices on money, capital and the future of value. A Wall Street outsider turned Bitcoin's most prominent corporate advocate, he is known for his sweeping frameworks on monetary debasement, technological disruption and how civilisations rise and fall - and what individuals must do to thrive inside them.

He explains:

•⁠ ⁠Why the global currency system is quietly making you poorer every year

•⁠ ⁠⁠Why working hard is no longer the path to wealth it once was

•⁠ ⁠⁠How AI and automation are about to demonetise human labour

•⁠ ⁠⁠Why you have roughly 10 years to stake your claim in the new economy

•⁠ ⁠⁠Why owning scarce assets is now the only real form of financial security

•⁠ ⁠⁠How the coming explosion in prosperity will leave most people behind

•⁠ ⁠⁠Why Bitcoin represents the highest form of capital ever created

•⁠ ⁠⁠The single biggest mistake that will define who wins and loses in the next decade

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TIMESTAMPS:

00:00:00 - Why You Feel Poorer