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Michael Saylor: Inflation is driving the conversion of weak currency into strong currency and currency derivatives into property. Technology is driving the conversion of weak analog assets into strong digital assets. The struggle of Turkey is painful but not unique.
Community Response: Everyone should take care of themselves we criticize, we get angry, but we don’t feed the man on the other side of the world. What difficulties did Turkey deal with, none of you had any? Stop thinking. Turkey is one and strong in every period.
You may sound right, but you ignore the fact that there is no-one that listens to anyone in this country to improve anything at all. That’s the problem. The problem isn’t the currency or anything like that. The problem is there’s no willingness to do anything good for the country’s sake.
We need a minister of economy. Can you please make an official application to become a minister of economy? As the Turkish people, we do not want to experience these because of the decisions of only one person.
90% of Turks buy and sell crypto. Except Recep Tayyib Erdogan. Turks are a smart nation, don’t forget
I live in Turkey, accept me as a son and save me please.
Hey Michael talk with Mr. Erdogan. Please make an appointment with the president.
I agree with you Michael, but isn’t Turkey’s interest policy too harsh?
Governments won’t stop tampering with money because it gives the wrong impression that it helps.
Printing more money is like changing the thermometer measuring scales this DOES NOT cure the economy. Bitcoin is the solution.
Why doesn’t Turkey adopt the Bitcoin standard? It has always been the bridge from the West to the East.
Just convert it to Bitcoin it will solve all your problems. Well, we can’t buy as many coins as we used to buy 6 months ago.
I think Turkey would benefit greatly from a consultation with you Michael. Get on the phone bro. Let’s go Bitcoin.
End of legacy finance is end of political corruption. If we were on the blockchain system we could see how every dollar of $1.5 trillion of infrastructure Bill will be spent, instead of just being told it’s happening.
Turkey is another economy based on debt; inflation is inevitable. They’re chasing green candles never chase green candles.
Erdogan is a person without a degree and still runs the country. He says he is an economist and that is the worst thing that has ever happened to us.
If he talks a little more, he will send you to Silivri, don’t say he didn’t say you. For clarity, Silivri is a city and a district in Istanbul Province along the Sea of Marmara in Turkey, outside the urban core of Istanbul, containing many holiday and weekend homes for residents of the city. The largest settlement in the district is also named Silivri.
Living in Turkey all I can say is that many of us would be much poorer if crypto would not exist.
Saylor, imagine if Turkey decided to adopt Bitcoin
I am writing from Turkey and what I report is true. I would want to buy bitcoin with all my money if I knew there is no bear market in front of me to save myself from inflation.
In fact, it is better to say Erdogan’s struggle. The Turkish people love crypto and especially NFT. The idea really is: Everybody prints money instead of using someone else’s money.
When do you kick off your world consulting tour? Lydia now, Turkey the Country, which invented Coinage around 6th century is now relying on a foreign currency.
We don’t just need an economist. We need a visionary leader though. But what happens when it all deflates especially after the pandemic.
