TitoAsimo on Nostr: Change is the Path to Growth: Learning from Mistakes We all make mistakes. It’s ...
Change is the Path to Growth: Learning from Mistakes
We all make mistakes. It’s part of being human. What truly matters is not how often we get it wrong but whether we can recognize our missteps and grow from them. This is especially true for those in positions of influence, where changing one's opinion can be both difficult and profound. Take Larry Fink and Michael Saylor, for example, two leaders who have shown that it’s never too late to learn and evolve.
In 2017, Larry Fink, CEO of BlackRock, made waves by calling Bitcoin an “index of money laundering.” For him, and many others in traditional finance, Bitcoin seemed like a risky, speculative tool, mostly useful for those looking to avoid the law.
And then there’s Michael Saylor, the CEO of MicroStrategy. Back in 2013, he tweeted that “Bitcoin’s days were numbered” and likened its fate to online gambling. At the time, Bitcoin was still very much misunderstood, and Saylor like many others didn’t see the potential that was hiding beneath the surface.
But here’s the thing: People can change.
Fast-forward a few years, and both Fink and Saylor completely turned their opinions around. By 2020, Saylor became one of Bitcoin’s biggest champions, investing billions of dollars into it as a hedge against inflation. He didn’t just change his mind, he went all in. Bitcoin wasn’t some fleeting trend anymore; it was a financial revolution that he was now at the forefront of.
Similarly, Larry Fink, the man who once dismissed Bitcoin as a tool for criminals, referred to it as “digital gold” in 2023. What changed? He saw Bitcoin’s ability to act as a hedge against inflation, a safe haven for investors when traditional currencies were losing value. His shift was solidified when BlackRock, the world's largest asset manager, began pursuing a Bitcoin ETF. Fink’s public turnaround showed that even the biggest names in finance could admit they were wrong.
What’s fascinating about these stories is how they highlight the power of self-awareness. It takes real strength and humility to admit when you’ve been wrong and even more courage to pivot in front of the world. Fink and Saylor remind us that it’s okay to change our minds. In fact, it’s a sign of growth.
The lesson here isn’t just for billionaires and CEOs—it’s for everyone. We all stumble along the way. What counts is that we learn from those stumbles, pick ourselves up, and keep moving forward.
As individuals, we should also allow room for others to change. If we lock people into their past mistakes and refuse to let them evolve, we’re denying them the very human opportunity to grow. Forgiveness and understanding are what make progress possible.
Fink and Saylor show that transformation is not just possible but necessary for progress. The same could be true for any of us.
What About Warren Buffett and Peter Schiff?
Now, let’s talk about Warren Buffett and Peter Schiff. Buffett, one of the most respected investors, called Bitcoin “rat poison squared.” He remains skeptical, firmly believing that Bitcoin lacks intrinsic value and is more like gambling than investing. But, as we've seen with Fink and Saylor, minds can change. If fiat currencies continue to lose value and the financial world shifts, there’s always a chance Buffett might rethink his stance. After all, if Bitcoin is “rat poison,” maybe the “rat” is the fiat system that’s rapidly losing credibility.
Then there’s Peter Schiff, who has been a vocal critic of Bitcoin for years. Schiff has called it everything from a bubble to a Ponzi scheme, consistently predicting its failure. He remains firm in his belief that gold is the only real store of value. Yet, if history teaches us anything, it’s that even the most adamant critics can have a change of heart. Maybe it won’t be tomorrow, but who knows what time and reflection could bring?
The takeaway? We all make mistakes, and that’s perfectly fine. What matters is how we respond to those mistakes, whether we dig our heels in or open ourselves up to new perspectives. Fink and Saylor’s transformations show us that admitting you were wrong and moving forward is not a weakness, it’s a strength. Growth comes from learning, and learning comes from being humble enough to accept when you’ve been mistaken.
Let’s embrace change, forgive others’ mistakes, and allow ourselves the grace to evolve. That’s how we move forward, both as individuals and as a society.
#bitcoinwisdom #moveforward
We all make mistakes. It’s part of being human. What truly matters is not how often we get it wrong but whether we can recognize our missteps and grow from them. This is especially true for those in positions of influence, where changing one's opinion can be both difficult and profound. Take Larry Fink and Michael Saylor, for example, two leaders who have shown that it’s never too late to learn and evolve.
In 2017, Larry Fink, CEO of BlackRock, made waves by calling Bitcoin an “index of money laundering.” For him, and many others in traditional finance, Bitcoin seemed like a risky, speculative tool, mostly useful for those looking to avoid the law.
And then there’s Michael Saylor, the CEO of MicroStrategy. Back in 2013, he tweeted that “Bitcoin’s days were numbered” and likened its fate to online gambling. At the time, Bitcoin was still very much misunderstood, and Saylor like many others didn’t see the potential that was hiding beneath the surface.
But here’s the thing: People can change.
Fast-forward a few years, and both Fink and Saylor completely turned their opinions around. By 2020, Saylor became one of Bitcoin’s biggest champions, investing billions of dollars into it as a hedge against inflation. He didn’t just change his mind, he went all in. Bitcoin wasn’t some fleeting trend anymore; it was a financial revolution that he was now at the forefront of.
Similarly, Larry Fink, the man who once dismissed Bitcoin as a tool for criminals, referred to it as “digital gold” in 2023. What changed? He saw Bitcoin’s ability to act as a hedge against inflation, a safe haven for investors when traditional currencies were losing value. His shift was solidified when BlackRock, the world's largest asset manager, began pursuing a Bitcoin ETF. Fink’s public turnaround showed that even the biggest names in finance could admit they were wrong.
What’s fascinating about these stories is how they highlight the power of self-awareness. It takes real strength and humility to admit when you’ve been wrong and even more courage to pivot in front of the world. Fink and Saylor remind us that it’s okay to change our minds. In fact, it’s a sign of growth.
The lesson here isn’t just for billionaires and CEOs—it’s for everyone. We all stumble along the way. What counts is that we learn from those stumbles, pick ourselves up, and keep moving forward.
As individuals, we should also allow room for others to change. If we lock people into their past mistakes and refuse to let them evolve, we’re denying them the very human opportunity to grow. Forgiveness and understanding are what make progress possible.
Fink and Saylor show that transformation is not just possible but necessary for progress. The same could be true for any of us.
What About Warren Buffett and Peter Schiff?
Now, let’s talk about Warren Buffett and Peter Schiff. Buffett, one of the most respected investors, called Bitcoin “rat poison squared.” He remains skeptical, firmly believing that Bitcoin lacks intrinsic value and is more like gambling than investing. But, as we've seen with Fink and Saylor, minds can change. If fiat currencies continue to lose value and the financial world shifts, there’s always a chance Buffett might rethink his stance. After all, if Bitcoin is “rat poison,” maybe the “rat” is the fiat system that’s rapidly losing credibility.
Then there’s Peter Schiff, who has been a vocal critic of Bitcoin for years. Schiff has called it everything from a bubble to a Ponzi scheme, consistently predicting its failure. He remains firm in his belief that gold is the only real store of value. Yet, if history teaches us anything, it’s that even the most adamant critics can have a change of heart. Maybe it won’t be tomorrow, but who knows what time and reflection could bring?
The takeaway? We all make mistakes, and that’s perfectly fine. What matters is how we respond to those mistakes, whether we dig our heels in or open ourselves up to new perspectives. Fink and Saylor’s transformations show us that admitting you were wrong and moving forward is not a weakness, it’s a strength. Growth comes from learning, and learning comes from being humble enough to accept when you’ve been mistaken.
Let’s embrace change, forgive others’ mistakes, and allow ourselves the grace to evolve. That’s how we move forward, both as individuals and as a society.
#bitcoinwisdom #moveforward