MICHAEL SAYLOR SAID:
“I’M NOT PROUD OF THIS, I’M THE ONLY PUBLIC COMPANY CEO IN THE HISTORY OF THE WORLD THAT ACTUALLY LIVED TO SEE HIS STOCK DECLINE IN VALUE BY -99.8%."
“MY STOCK WENT FROM $333 A SHARE TO $0.42. HODL? YOU HAVEN’T LIVED THROUGH ANYTHING.”
LEGEND 🔥
Bitcoin is better money than gold. It has superior monetary properties.
In fact, Bitcoin beats gold on 25 different dimensions.
1. Portability: Move billions across borders with 12 or 24 words. Gold needs guards, vaults, trucks, customs, and prayers.
2. Divisibility: Bitcoin divides into 100 million sats per BTC. Gold is awkward to divide, verify, and spend in small amounts.
3. Verifiability: Anyone can verify Bitcoin supply and ownership with a node. Gold requires assays, trust, and specialists.
4. Scarcity certainty: Bitcoin has a hard cap of 21 million. Gold supply expands with mining, new discoveries, and potentially asteroid mining.
5. Supply auditability: Bitcoin’s total supply is publicly auditable in real time. Nobody knows the exact amount of above-ground gold.
6. Settlement speed: Bitcoin can settle globally in minutes. Gold settlement is slow, expensive, and institution-heavy.
7. Custody sovereignty: Bitcoin can be self-custodied without a vault. Gold self-custody is physically dangerous and logistically annoying.
8. Confiscation resistance: Properly secured Bitcoin can cross borders invisibly. Gold is obvious, heavy, and historically confiscatable.
9. Storage cost: Bitcoin can be stored for near-zero physical cost. Gold requires vaulting, insurance, security, and transportation.
10. Transport cost: Bitcoin travels at the speed of information. Gold travels at the speed of armored logistics.
11. Programmability: Bitcoin can integrate with multisig, time locks, Lightning, smart custody setups, and financial infrastructure. Gold is inert metal.
12. Global liquidity: Bitcoin trades 24/7 globally. Gold markets still rely heavily on traditional financial rails and business-hour settlement layers.
13. Settlement finality: Bitcoin can provide direct bearer settlement without trusted intermediaries. Gold often settles through paper claims.
14. Resistance to counterfeit: Bitcoin units are mathematically validated. Gold can be plated, diluted, faked, or rehypothecated.
15. No trusted issuer: Bitcoin has no central issuer, board, treasury, or refinery bottleneck. Gold custody often depends on institutions.
16. Easier inheritance: Bitcoin can be structured with multisig and recovery planning. Gold inheritance is physical, messy, and theft-prone.
17. Collateral efficiency: Bitcoin is easier to pledge, move, audit, and financialize digitally. Gold collateral is slower and more custodial.
18. Transparency: Bitcoin’s monetary policy and ledger are open. Gold’s market is opaque, with hidden reserves, paper claims, and unclear leverage.
19. Censorship resistance: Bitcoin can be sent peer-to-peer globally. Gold needs physical handoff or trusted transport.
20. Energy-to-scarcity conversion: Bitcoin turns energy into digitally verifiable scarcity. Gold turns energy into heavy rocks guarded by men with sunglasses.
21. Monetary upgradeability: Bitcoin can absorb software improvements at the network edges. Gold cannot become more useful without wrapping it in trust-based systems.
22. Unit consistency: Every bitcoin is perfectly fungible at the protocol level. Gold varies by purity, form, assay, and bar history.
23. Lower friction: Bitcoin is easier to buy, sell, send, receive, verify, split, secure, and integrate into modern finance.
24. Digital-native compatibility: Bitcoin fits an internet economy. Gold belongs to a world of vault receipts, musty central bankers, and men named Klaus guarding basements.
25. Personal sovereignty: Bitcoin lets one person hold immense wealth directly. Gold makes you become your own medieval castle.
Michael Saylor says working hard is the worst advice you can get
"You don't want to make money by being talented and working hard, the robots are going to work hard, the cars are gonna drive themselves"
"Once you train the AI on a Shakespearean sonnet, the AI will spit back sonnets just as good as Shakespeare in his prime, if you studied for 20 years to learn how to compose, that’s becoming less valuable just like writing a 100-page legal document"
"Now you're gonna say to the AI, compose an entire network of trusts and wills for my entire family and then optimize it for which tax jurisdiction and implement it. And it's only gonna cost you $10 bucks and it used to cost $10,000,000... human capital is getting demonetized"
@roya21042019 hij was bezig onze reputatie te verneuken met zijn linkse ideeën aan trump die dacht waarschijnlijk aan tafel, "wat is dat voor mafkees?"