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Dan Held Musings on Bitcoin: Bitcoin doesn’t care about your religion, race, or creed. Just Cruious “How many times do you check the price of Bitcoin daily?”
The world has an unlimited supply of fiat to buy a limited supply of 21M Bitcoin. Jamie Dimon at $2K Bitcoin: It’s a fraud. Jamie Dimon at $40K Bitcoin: It could easily 10x from here. Everyone buys Bitcoin at the price they deserve.
CBDC’s are not a threat to Bitcoin. They’re a threat to human freedom. “The Bitcoin Lightning Network is superior to Visa and Mastercard.” – Morgan Stanley. Crazy to banks talking about Bitcoin like this.
The media hates Bitcoin because they first hear about it in 2012 and didn’t buy any.
Bitcoin will be the next world reserve currency. Buying Bitcoin is a bet that math and cryptography will outlast your government. Historically speaking, this is a pretty good bet.
Michael Saylor: “Inflation and rising interest rates have damped expectations for returns on stocks and bonds, making cryptocurrencies more attractive.” – WSJ on Bitcoin.
You are free to choose money that empowers you rather than suffer from money that impoverishes you.
So, I hear Warren Buffett & Charlie Munger are marketing Bitcoin again.
Bitcoin is an excellent alternative asset for retirement accounts, at a time when equities appear increasingly risky and bonds seem structurally defective due to the macroeconomic environment. We need to educate regulators on the benefits of ₿.
“Abundance of money creates scarcity in society. Scarcity of money creates abundance in society.”
Bitcoin enables conservation of energy in time & space because it enforces conservation of energy in cyberspace.
Each new government policy brings another round of inflation. Bitcoin is the logical safe haven.
If you took a global technology company offering the most desirable product in history and then stripped away the risks that all companies incur due to their operations and obligations, you would have Bitcoin.
“The traders and the technocrats control the market trading of BTC, and it’s a function of the tug-of-war between them.”
My Twitter feed is full of bots that (a) don’t like Bitcoin (b) don’t want real people to speak (c) don’t like any measures that would eliminate bots (d) want to see the world burn (e) keep screeching endlessly.
As Microstrategy continues to be a pioneer in bitcoin for corporations, we are planning to offer our employees the option to invest in Bitcoin as part of their 401K portfolio.
