A business-to-consumer business established in 1989. Choir & Angel.com (sold to Origin for $ 110 million in 2013), creator and founder of Alarm.com, one of the first home automation and security companies, and a first cloud-based interactive voice feedback service provider. Cholera is an inventor with more than 40 patents in his name. Proud as an inventor of related analytics, he is a pioneer in micro strategy in the fields of web analytics, distributed analytics, mobile analytics, cloud computing, mobile identity and IoT. Choir is the author of the 2012 book, Mobile Wave: How Mobile Intelligence Changes Everything. The book looks at the impact of mobile, cloud and social networks on political and economic development. Worldwide, with the development of Apple, Amazon, Facebook and Google. Choir founded and serves as a trustee of Choiler Academy (Saylor.org), a non-profit organization that provides free education to 800,000+ students.
Michael Choiler is also an advocate for bitcoin standards. His company Micro Strategy owns ~ 91,579 bitcoins. The Micro Strategy Board of Directors is paid in Bitcoin. Choir believes that bitcoin is the most powerful and destructive technology in our lives. To learn more about why companies should invest in bitcoin, Ray Wang, CEO of Constellation Research, a Silicon Valley-based consulting firm, invited Michael Choiler to disrupt our weekly program. Here are prime examples of our conversation with Michael Choir.
Digital transformation of assets is a rapid form of current transformation
We have seen the pace of digital transformation in two areas in the last 12 months. The first areas are decentralized with sales, service and marketing and digital-only in the business line with shareholder engagement. The speed and performance of how quickly companies sell, market and service customers. The second part of digital transformation is the transformation of assets. It is about bitcoin. Choiler noted the digital transformation and rapid movement of photos, music, videos and books. Today we see the transformation of gold, silver, bonds, stocks and money. This is a profound change that will affect every company and every person in the world. The digital transformation of assets is moving faster than any other transformation.
Bitcoin is a strong source of investment for companies
According to Choiler, if you ask any company about their bitcoin strategy in February 2020, ‘What is bitcoin?’ Or ‘Why do I need a bitcoin strategy?’ Choiler believes that all current financial strategies are broken if you buy fewer bond securities. The money supply expands and the purchasing power decreases. The idea behind bitcoin that fits the first principles is that you realize the loss of purchasing power and then use a different financial strategy. Micro strategy has determined that bitcoin is the strongest treasure chest it can find. On February 3-4, 2021, Choiler hosted a “bitcoin for companies” conference. The conference is an attempt to convince other corporate executives of the benefits of bitcoin to their departments. Executives from over 1,400 companies participated. News reports stated that guests included SpaceX executives. On Monday, February 8, 2021, Elon Musk’s electricity company, Telsa, announced a $ 1.5 billion acquisition of bitcoin. Bitcoin has grown by 200% in a decade and by 2020 by 800%. Turning the unwanted value of an asset into a trillion dollar asset gives your partners a positive cycle. His only disagreement with Musk was that he suggested that Tesla should buy $ 10 billion in bitcoin.
2021 is ‘year one’ of bitcoin corporate investments
The first of three is a real benefit for cryptocurrency investors. If you are the first city, first country or first company to invest in bitcoin, then you can benefit greatly from this precious asset. Choiler believes that you can create a dynamic trade in assets, generate investment returns and raise arrears instead of P&L. As Wall Street companies increase their reserves by 25–40% worthless, Choiler explains that recovering the ‘K-form’ means that large companies will have to work 25–40% more hard to get anything, And the owner of your business strategy will be rich and then you travel against the wind. Of the 40,000 companies that have publicly exchanged, 32 have bitcoin on their paper. Choiler states that in February 2020, Bitcoin was a consumer drama, but now Bitcoin is a corporate game. Bitcoin is now digital gold. Micro Strategy was the first public company to invest in bitcoin, followed by Square, Tesla and others. Regarding the acceptance of bitcoin, Sailer stated that ‘year zero’ is from March 2020 to February 8, 2021. When Tesla announced the acquisition of bitcoin, now formal investment for bitcoin has become institutionalized and 36 months ‘one year for next year’.
2021 is ‘year one’ of bitcoin corporate investments
The first of three is a real benefit for cryptocurrency investors. If you are the first city, first country or first company to invest in bitcoin, then you can benefit greatly from this precious asset. Choiler believes that trading assets allows you to create a dynamic, generate investment returns and raise arrears instead of P&L. As Wall Street companies have increased their reserves by only 25–40%, Choyler explains that recovering the ‘K-form’ means that large companies have to work 25–40% more hard to get anything. Will be, and the owner of your business strategy will be rich and then you travel against the wind. Of the 40,000 publicly traded companies, only 32 have bitcoin on their paper.