$CASHCAT
Fading QuicklySnapshot Window: 2026-07-20 06:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 6, Retweets: 1, Likes: 7, Impressions: 53
Verbatim Community Citations & Social Evidence 1 source posts analyzed
IN 2012, MICHAEL SAYLOR SAID THE IPHONE WOULD BECOME JEWELRY. HE WAS RIGHT. NOW HE SAYS BITCOIN WILL BECOME THE FOUNDATION OF GLOBAL WEALTH. [Spoken audio]: There's not an eight-year-old on the planet that doesn't want an iPhone 5 Right who wants to wait 42 seconds to watch something download instead of two seconds? Nobody right you don't have to be a genius around Apple computer You just have to every year make the product a bit lighter a bit more elegant make it a better radio Make it a better battery, and then I sat with you know one of the ten richest guys in the world world for dinner three nights ago five nights ago and we had dinner for four hours and he didn't have to talk you know I'd have to talking and at one and he's much more successful than I am I understand that by the way as I said it's like it's you know sometimes you got to do other things than just have opinions to make money right there's a lot execution involved the rest but I have opinions so so he said to me you know Apple computer can these guys hold their prices. Aren't they going to follow the model of the PC industry? Aren't their prices going to taper down? Their 40% margin is going to become 30 and 35 and 20. And it's another example of people just know enough to hurt themselves. If you go to France, and this is a benefit I've seen enough, you go to France, you see Bernardo and no, runs a company, LVMH. They're selling handbags for $4,000, $3,000, $2,500 each. This is device that women view as fashion and it's 10,000 years old. And for 10,000 years, no the prices are not lower after 10,000 years. If you actually care about this thing, how many women have $300 a pair of shoes? How many have two? How many have more than two? The truth of the matter is when the technology goes from being a utilitarian vocational brick that I put under my desk. No one gives a crap about that. To being a piece of clothing, right? A fashion statement, extension of your personality, a piece of jewelry, and iPhones, iPads, there's somewhere between clothing and jewelry and accessory. At that point, they can hold that price point forever. They can basically sell you another $500 device every two years forever because everybody's got five and that the first billion people have got that and the rest of the world is getting elevated up.