Community Trust ScoreVerified
Michael Saylor: Bitcoin is the Wheel of Money, Roll with it. If you are trying to improve your balance sheet, my best idea is Bitcoin. If you are improving your technology, my best idea is lightning.
Cash and short-term investments on corporate balance sheets globally are at an all-time high of $6.84 trillion.” Corporations are swapping debt for Cash with a large negative real yield. Over the long term, Cash is a liability, and Bitcoin is an asset.
Community response: Practically, there are some who hold 0 fiat for two years. They claim to be 100% in Bitcoin, but are not able to buy anything from the supermarket with BTC.
People who have little money have to say: Bitcoin is the wheel of money; for someone with a smaller bankroll, BTC is the last option. BTC is the new pet rock for the rich; buying BTC to support this chump with your last 300 bucks just is not going to make you any money. Instead, put that 300 on a small-cap gem; you might have a shot.
However, those who believe in BTC have to state that “BTC is the last option” is a dumb take by the working-class people who think this way.
Second-layer solutions will make Bitcoin by far the best form of money that has ever been available to humans.
Others who did not believe in the second layer solution stated that it is a fail if you need another layer. You have tons of tokens to serve as money. BTC is digital gold as much. Something you buy and hold. It does not have another use than that. Imagine having to pay a transaction fee every time you purchase something.
It’s one thing to be fearful about price action. However, it’s another way to realize that a premium-buying attitude and “buy the dip” mentality still exists among BTC buyers.
If you are trying to improve your traditional asset balance, I think your best idea is MSTR stock.
Haters: if you want to go bankrupt, follow Michael Saylor in taking huge leverage to destroy your balance sheet by buying a digital token BTC.
Should landlords sell their rental properties and buy BTC? The best way to improve a balance sheet is by generating revenue and minimizing expenses.
Brother, you are 100000% wrong; how about you tell the people the truth. Grayscale is selling BTC little by little. You know we can check, right? But, folks, don’t be fooled.
This second layer will be revolutionary for the world. Setting up my node tonight can’t wait.
