Freedom Smuggler on Nostr: Saylor pressed all my buttons in this interview. I don't share his view of #bitcoin ...
Saylor pressed all my buttons in this interview.
I don't share his view of #bitcoin at all. I would go as far as to say he is wrong in how he characterizes bitcoin as digital capital.
I would not compare bitcoin to other assets we currently have like real estate, etfs, equities, and bonds. The only person who would compare these when deciding to make a purchase are folks who are purely looking at the numbers go up side of bitcoin.
Consider this thought experiment, lets all of us sell everything we own to buy bitcoin. How will that even work? Who will buy our things? where do we live? rent? rent from who, they also want to sell to buy bitcoin? Are all the operating companies now worth zero? of course not.
Just like how we humans don't have all our value stored in Gold and prefer to have it in operating ventures, the same will happen to bitcoin. it will end up being a small portion of your wealth portfolio.
ITS CALLED THE BITCOIN STANDARD, NOT THE BITCOIN ASSET.
I don't share his view of #bitcoin at all. I would go as far as to say he is wrong in how he characterizes bitcoin as digital capital.
I would not compare bitcoin to other assets we currently have like real estate, etfs, equities, and bonds. The only person who would compare these when deciding to make a purchase are folks who are purely looking at the numbers go up side of bitcoin.
Consider this thought experiment, lets all of us sell everything we own to buy bitcoin. How will that even work? Who will buy our things? where do we live? rent? rent from who, they also want to sell to buy bitcoin? Are all the operating companies now worth zero? of course not.
Just like how we humans don't have all our value stored in Gold and prefer to have it in operating ventures, the same will happen to bitcoin. it will end up being a small portion of your wealth portfolio.
ITS CALLED THE BITCOIN STANDARD, NOT THE BITCOIN ASSET.
quoting note1ute…z8y9This is the most comprehensive interview I have done with saylor (npub15dq…lm5m) - we discuss the future of Bitcoin and other digital assets (he calls it the Crypto Renaissance), the impact of the election’s Red Wave, the success of $MSTR, and a fascinating lightning round you don’t want to miss:
https://youtu.be/pQ7fjpqzUS4?si=sOmS26QA33xCVPyh