"Stop talking about regulatory arbitrage. Censorship-resistance, privacy, and tax evasion are bad ideas. We hate that... People with billions of dollars don’t want to invest in crypto networks that support anarchists." ~Michael Saylor on #privacy https://video.nostr.build/72ed20e441e2d432be7b424fa53f7faabe85134fb5f33c32c436390865e92dc9.mp4
Fuck Saylor nostr:nevent1qqsfuvf509dy24xkv9wmjrfdped7zutvchn7pt4enztrqwrxmf77zrspg3mhxw309amk7aphdpux7ae5x44ksueh0phxuc3hxe6rxapkwe3rgdmnwp4hxettx4shxmp4d4h827r2xfkkxernwpkk66tf09jzummwd9hkutczyq6x2x5njtf5h7wsvn3e70qshmhhfd0z3ecscpejgvtmdp7y40t7sqcyqqqqqqgz3l7dr
He is right, but for the pro-privacy vision, we must first change our own vision twice: 1️⃣ Crypto as a technological product 2️⃣ Crypto as an investment product. This will make cryptocurrencies a simple tool for survival. nostr:nevent1qqsfuvf509dy24xkv9wmjrfdped7zutvchn7pt4enztrqwrxmf77zrsppemhxue69uhkummn9ekx7mp0qgsrgeg6jwfdxjle6pjw88euzzlw7a94u288zrq8xfp30d58cj4a06qrqsqqqqqpxqckng
His stated goal is to open a bitcoin bank. Of course he wants all of the regulation. The regulation would protect his monopoly. Just keep stacking sats, establish fat lightning channels and ensure your own liquidity. Fuck saylor and his bank.
No - you are reading/hearing him wrong. The CURRENT system requires regulatory guardrails. For #Bitcoin to be mass adopted it needs to at least fit in with the current system. Understand that's why MOST people don't own/see #Bitcoin yet! They are stuck in the fiat fish bowl and can't see out! Once you start understanding Bitcoin is yours (not like the fiat you think you own that your bank owns) you start to think. We NEED what Saylor is saying! Saylor is going to make money w/his Bitcoin just like all of us at some point. The more people use the Bitcoin network, the better off we all will be and most important the better of those using it will be. See BIG picture. Saylor customizes message for audience. What we can do now? If in wealthy nations self custody your Bitcoin and HODL 10+ years. Stack enough to change your life. Hurry - the last 100X is the next decade.
We can agree to disagree on the benevolence of Michael saylor. I can't control what he does... I'll just keep stacking. I agree with 10+ years.