Oddbean

Bringing this back to the top again because I don’t think Saylor yet understands that “those crypto anarchists” are the ones that save Bitcoin……and by doing so, free the world from an extractive rent seeking system. nostr:note1t6urrtgqmg4xv6r95cgxex7c4jqpvjzdkcax5ds6m7kgc974ak5qq8llcd

I’m pretty sure he doesn’t realize he has Bitcoin on his balance sheet BECAUSE of those “paranoid crypto anarchists” I think he should send a thank you card to ALL of them. 🧡💜⚡️😎🥰✨ Especially Satoshi. ☀️

Saylor is the bridge from Tradfi and he's getting roasted for it. Laying down morals on a guy for exploiting the failing system is ridiculous. He's found a way to literally take printed money and save it in harder money. More companies and countries should and WILL be doing this. He's just the first so he's getting taking all the shots. I have no issue with what he's doing.

Completely agreed. We have reached the point where he cannot POSSIBLY be perceived (in full global public view) as the leader of an anti-statist movement. I used to watch his videos and think “Fck. One day, they (the state) are going to come after him with a vengeance.” That day probably already came. Hence, his complete 180 on self sovereignty. Now he can say to the/his SEC/USG overlords, “don’t pay any attention to those whacky crypto-anarchists. They are harmless. (And I’m NOT one of them) The Bitcoin world will be regulated. It serves no threat to the state. Don’t you worry, little 80 IQ public servant” My take is that he is buying us precious time. And my sense is that he knows it. When I game theorised it in my head over a year ago, this is EXACTLY where it came out. Hyperinflation of western fiat is closer than anyone previously thought. Just look at gold and silver. In truth, we don’t need much more time. The more people with V for Vendetta (Bitcoin) masks on, the harder we are to target. That’s the play, IMO. And like him personally or not, Saylor has been and continues to be in service of that. Rant over 🤣

Jeff, is it possible in the slightest that Saylor has to tote the "company line" because MicroStrategy's corn is within the walled garden? Going anti-establishment only makes them the first target, especially with the recent ECB and FED commentary. I'd be shocked if his personal Bitcoin stash wasn't in a multisig setup by one of the providers in the space.

100% agree also. When Saylor said banks will eventually lend depositors bitcoin for yield, I realised Saylor doesn’t understand bitcoin as well as he needs to. Goes to show how many more hours he needs to put into learning.

Hey guys, anyone have a good framework for pricing things in Bitcoin without using fiat as a reference? I did see 1 suggestion which based BTC purchasing power on hashing work done which could be interesting.

In defence of Saylor here... The guy spends few dozen hours every week taking about Bitcoin, and has done for a couple of years. If you actually listen to what he says word for word, none of it is actually incorrect. Neither is it disparaging or insulting; at the very worst it's just perhaps lacks a little nuance / context... which he should be forgiven for in view of the fact that this was a quickfire interview. Don't get me wrong...I think his ID ordinals idea is distopoan asf, but let's not crucify people over a few second snip of freaking interview... this isn't twitter and we're not CNN retards.

IMO, I think he knows! But I do not think he can admit from his position! He has to tender to the nation state and win the war one battle at the time! Let’s get the store of value, then gradually move to medium of exchange and unit of account, and usher in a new system of hope and abundance. Thank you @Jeff Booth

Thank you! I’m pretty sure he isn’t completely there yet. It’s obviously a far more nuanced conversation that can be had here but he still sees the world differently than I do. Had dinner with him last week at Natalie and Sam’s wedding.

So true The excessive rent seeking model is the main problem of our planet! Assets under management have increased exactly linked to money supply since the 80ies. AUM of 140 TRILLION USD are hunting for yields and cause wars and pandemics and health crisis. Saylor concentrates on yields of his AUM and still fuels the #fiat system. Concentration on #bitcoin and #nostr as freedom tech changes the world for better! Thanks to all freedom tech contributors! nostr:nevent1qqs9a59d3zff6n4dnu755fgkkcphet5jnqckp46u2unq4huftnqyl4spz4mhxue69uhkummnw3ezummcw3ezuer9wchsygyraqvdl0kvafttpa232a4nl5u60fgwrkq4jdp4qqmglgy9envkfvpsgqqqqqqsjareak