What is your thought on SHIB in particular? So many people thought it was a joke and who is laughing now? There are different segments of the market, there is the technology VC funds that want to invest in the next DeFi or NFT platform. And, then there is the speculators and the entertainers and they are going to have the meme coin. Everybody has got their thing. It is all a part of the crypto world right now. And, it is what makes it so interesting and exciting. And, I don’t think it should be the last one.
When asked how Michael Saylor Would Compare SHIB to Doge? Michael: I have no opinions about one DOG coin versus another DOG coin. I will stay in my lane I believe – Bitcoin.
Michael Saylor expressed: Satoshi started a fire in cyberspace. While the fearful run from it and fools dance around it, the faithful feed the flame, and dream of a world bathed in the warm glow of cyberlight.
Community response: Great analogy. One addition: The greedy take credit for it, and the egotistical wage wars over its purity. If you want to focus on Satoshi’s vision, then keep building. A fire will die without attention. Add your kindling. Make your torches. Cook your food.
Michael, in my view these kind of comparison of Bitcoin with cyber fire, dance etc. may undermine the seriousness and innovation of Bitcoin. Its impact on improving/serving global humanity. It should not feel like a mythological story line.
The solution is a decentralized system, built and supported by a parliament / government where all citizens are invited to participate in it from day one at the same time. A kind of official launch sponsored by government were all citizens are aware of it like an election day.
All citizens must be properly informed about the new system enough as for everyone to be able to participate in the new system at the level of his financial means.
With Bitcoin, unfortunately only a select few people were able to participate in it in the early days.
Most of the Bitcoin is owned by very few people. And this, created another equality and unfairness problem like what we have with the Fiat banking system.
You are worried about wrong criminals dude. Fiat creates unfair systems which lead to disparity which leads to crime. Let’s just cut off the snake’s head and get on with it.
And, now this space is developing into a Metaverse fueled by amazing projects and giving people the chance to live their dreams.
As a DOGE holder, I believe in bitcoin. At some point, I’d hope you would open your heart to a DOGECOIN tip. It makes a fabulous synergy case like a savings and a checking account and while my portfolio is in the hundreds I’d be happy to send doge your way.
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