Community Trust ScoreVerified
Michael Saylor: “Ask not what bitcoin can do for you – ask what you can do for your bitcoin.”
Further in the Tucker Interview, Saylor stated: And, what is the basis of virtue in a society? You got to be able to plan for the future. You got to look out for 10 years and you should believe that you can provide for your family. What is the point of investing in something, if you think that everything is going to hell in 5 years or 10 years?
Bitcoin is the first engineered monetary system in the history of the human race.
To understand BTC better it is important to understand What is money? What is the problem? What is the solution? Bitcoin is solution. When trying to understand what is money – An economy consists of goods, services and property. I want you to do something for me. I want that product. I want you to manufacture something. I want that house. I want that land – that is half the economy.
Now, the question is how do I send 37 horses to you. And, how do we keep the books balanced. So, you have to send me back money. Money is social economic energy. Money is monetary energy. It is the energy we use to trade with. If I can send 10 bushels of corn and you can send me 10 bushels of corn, then we can trade with each other.
Community Response: Many of them do not understand cryptocurrency, they don’t understand it, they have made fun of it. However, it is becoming very obvious that it is clearly not going away and it is clearly a big deal. Understanding what is it (money/bitcoin) is the hardest part.
You know Bitcoin has done good. It has started era of crypto. But you know after all these years, we have much better tech. It is time to go with innovation man.
Now, Bitcoin is a country worth dying to protect? Is it protecting Bitcoin or protecting whales and early adopters?
New investors need to know the history of Bitcoin halving. When telling people to buy every dip they need to understand the BTC cycle and the halving. This to ensure they buy after the ATH?
Bitcoin is not my family I will always ask what Bitcoin can do for me. Any form of money should be one’s servant, not master.
Was turning on the show with you and tucker just now, and of course my headset started Beeping. No battery.
I heard once if you take care of fire when it’s small it will take care of you when it’s big. Same rules apply to Bitcoin.
