In this discussion, Anil Patel — author of The Treasure of Saylor — breaks down Michael Saylor’s Bitcoin Treasury Strategy, Strategy’s corporate playbook, and why Saylor’s approach to Bitcoin as digital capital is reshaping modern finance.We explore the principles behind Bitcoin treasury management, the evolution of Saylor’s thinking, and how corporations may adopt Bitcoin in the decades ahead. If you've ever wondered how and why Strategy built the world’s largest corporate Bitcoin treasury, this conversation offers one of the clearest explanations available.Topics Covered:- Inside Michael Saylor’s mindset and engineering perspective- How MicroStrategy built its Bitcoin treasury- Digital capital vs currency- Corporate finance, preferreds, convertible debt & treasury optimization- Why Bitcoin outperforms real estate and equities as a store of value- Long-term corporate Bitcoin strategy (thinking in decades, not quarters)- Network effects, competitive dynamics, and “the Bitcoin bank” thesis- How Anil Patel created The Treasure of Saylor- The future of Bitcoin treasuries and digital credit00:00 Introduction: Anil Patel01:20 Crafting the Book: Saylor’s Speeches, Research Process & Narrative Design03:34 Core Insights From Saylor: Digital Capital, Money Layers & Engineering Mindset07:42 Bitcoin’s Future Role: Medium of Exchange vs Store of Value10:45 Building the Story: Explaining Bitcoin, Comparing to Real Estate & Equities13:40 The Concept of Digital Capital14:09 Exploring Bitcoin Treasury Strategies14:57 MSTR Strategy: Preferreds, Corporate Finance & Treasury Evolution19:43 The Role of Michael Saylor in Bitcoin's Evolution20:09 Market Dynamics: Network Effects, Dominant Players & The “Bitcoin Bank” Thesis20:56 Saylor as an Industrial Titan & The Idea of a Future Biography22:25 Will There Be a Treasure of Saylor Part II?23:27 Explaining Bitcoin Treasury Strategy Simply26:22 Thinking in Decades: Long-Term Vision, Sats-per-Share & Measuring Value27:42 Free Resources: Books, Presentations & Where to Find AnilAbout Our Guest – Anil Patel:Anil is the author of The Treasure of Saylor and The Bitcoin Handbook — two of the most widely shared educational resources on Bitcoin. His visual explanations, infographics, and slides are used by educators, meetups, and conferences around the world.Follow our Guest:- Anil Patel: https://x.com/anilpatelFind his content online:- Anil's free content: https://anilsaidso.gumroad.com/- The Treasury of Saylor: https://treasuryofsaylor.com/- The Bitcoin Handbook: https://thebitcoinhandbook.com/Big thanks to Little Bubble for allowing us to use his song: "One Chair": https://open.spotify.com/track/0XW7JgR2Nlg7WXGOeVT64h?si=a344b82984f74f81DISCLAIMER: This is not is financial advice. This podcast is for educational and entertainment purposes only.Thank you for listening!Follow us on:- X: https://x.com/OneChairPod- Youtube: https://www.youtube.com/@OneChairPod

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