Michael Saylor, business intel expert, analyzes Bitcoin on Fox Nation's 'Tucker Carlson Today'
Fox News
MicroStrategies co-founder Michael Saylor discussed Bitcoin in the latest edition of "Tucker Carlson Today" on Fox Nation.
"Bitcoin is the solution," Saylor said. "Now, go back to the beginning, what is money? Well, an economy consists of goods, services, and property. You know, I want you to do something for me. I want that product. I want you to manufacture something for me. I want that house. I want that land. That's half the economy."
"Now, the question is, how do I send 37 horses to you? And then how do we keep the books balanced? So you have to send me back money. Money is socioeconomic energy," he continued. "It is-- money is monetary energy, or it's the energy, the backhaul energy that we use to trade with. If I can send you 10 bushels of corn and you can send me money equal to 10 bushels of corn, then we can trade with each other."
Saylor explained that the contemporary world settled on paper and precious metal currencies after prior legal tenders were either exploited or found to be flawed.
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