Oddbean new post about login | logout New interview with Michael Saylor. I did ask regarding ossification and developer funding. https://www.whatbitcoindid.com/podcast/bitcoin-is-forever-money
Did you ask him about his skincare regime?
Do you think he shouldn't put his skin into games so much?
Good job btw. You allowed him to speak and didn’t keep interrupting like a few other interviewers out there. Regarding developer funding: how do you think he answered? And or feels about it? I must change my stance on it after listening to this interview. I use to think anyone can fund you and it should be ok as long as you decide to do the right thing. Now it seems to me as if he thinks big gov, big tech, big anything will always come back later and demand some “quid pro quo.” “Like diddy.” So maybe he was trying to protect Matt Odell??? @saylor did say “the devil is in the details.”
I actually think this was a great interview. I think Saylor really appreciates you Peter, and almost encouraged you to ask questions this time around.
This was an excellent discussion Peter. You pressed him politely and teased out some very interesting insights. Great job.
Ossify, get flipped
Said multiple times he's not for ossification
Peter, please ask @saylor why he continues to repeat that Bitcoin is “digital property.” This is problematic because, as he surely knows, property is taxed annually. Bitcoin is a digital COMMODITY.
property is not just real estate. property is a lot of things.
Yes, obviously. But according to GAAP, durable property (e.g. PP&E) is depreciated/amortized over its useful life, as prescribed by U.S. tax code. @saylor's description of #bitcoin as “digital property in cyberspace” is a reference to real property and an eager regulator is going to interpret it, accordingly. Better to use words (and analogies) carefully. Commodities are not taxed or depreciated during holding periods — though they sometimes do erode. Additional bookkeeping (and thus taxation) only happens when they are bought, sold, leveraged, or exchanged. That’s what we want for Bitcoin.
Because digital property is how it is currently classified by the IRS tax code?
In my view, the IRS *should* have treated it like a digital currency. That would have been fairer for miners. But since but the CFTC (and now the SEC) both say it’s a commodity. The IRS should do the same so there’s agreement and consistency. And the IRS should remove the double taxation that miners pay: currently once at the time Sats are mined, and then again when exchanged for fiat. That’s crazy. You don’t tax a gold miner for every scoop of earth they excavate, and then again when they sell the refined metal at market prices.
Thank you Peter. Looking forward to hear Saylor's perspective!
He’s probably worried about developers like this: nostr:note12najfx7g8x2s6zzcn6qvc6dtaxuyjlhq7kfkt5vyphzxmrc7wk4qxgxqh8
It is currency, as long as something needed for survival becomes super scarce like food, but if that happens money economics break down - but in general as long as there is sufficient goods and the use of force doesn't become dystopian it should have a good run (no one can be certain about tomorrow)
Great talk. Seems like Saylor's position could be summarized as "willingness towards changes in the protocol should decrease at pace with the block subsidy only cubed"
1 hour in, loving it! 💜
Was some interesting rabbit holes. Thanks for a good time!
Should have asked if he ever going to get married, start making kids and create a family dynasty!! I guess every human has one imperfect choice 😳
Thought he has like 3 kids?
who cares about his personal life lol but currently no heirs. https://x.com/drbriankeating/status/1771992062503903635
I feel so silly rn...
He is the king of analogies, I believed him when he said, he had 3 kids but he was making a point of families vs companies
I'm watching this now. Feel this was a needed discussion after some of the craziness lately. nostr:nevent1qqszkpqddg0g427jf6f7t2rlxudnehd6l2puydru64h04njtsr2enpgpzfmhxue69uhk7enxvd5xz6tw9ec82cszyzh0p44jz2p87wapmescjcf7d4yzfuvp74nmzgzjw0qk390a4u9jxqcyqqqqqqgky9x2n
This is an important interview. I struggle to care about my nation state's politics. It's tiresome, moronic and black pilling. Bitcoin, on the other hand, is motivating, relevant and hopeful. That's why we're winning. I think everyone should listen to Saylor's message, pertaining the future of the protocol, and think about it critically. nostr:nevent1qqszkpqddg0g427jf6f7t2rlxudnehd6l2puydru64h04njtsr2enpgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpths66ep9qnl8wsaucvfvylx6jpy7xql2ea3ypf88stgjh767zerqvzqqqqqqy8mwmjw
Pedro has had some good guests lately. nostr:nevent1qqszkpqddg0g427jf6f7t2rlxudnehd6l2puydru64h04njtsr2enpgpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzpths66ep9qnl8wsaucvfvylx6jpy7xql2ea3ypf88stgjh767zerqvzqqqqqqy9xkxs8
Saylor comes out flexing hard at @ODELL with those top shelf domains he owned. nostr:nevent1qqszkpqddg0g427jf6f7t2rlxudnehd6l2puydru64h04njtsr2enpgpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzpths66ep9qnl8wsaucvfvylx6jpy7xql2ea3ypf88stgjh767zerqvzqqqqqqy9xkxs8
What does saylor think about lip fillers?
Michael Saylor is a Clown.
Saylor‘s block size argument is strange. Weren‘t the miners on the big block side in the block size wars?
