Oddbean

All valid points. He can frame Bitcoin as not a currency but it doesn't stop us using it as one. I think that's the difference. He's preaching a message that suits him and his audience like we all do. Primarily I want Bitcoin to absorb all the fiat capital and neutralise the system, preventing the state from printing money and shrinking it down. Saylor's efforts align with that. There's also an element of don't take the state head on, trojan horse that shit onto everyone's balance sheet then win the battle. The winners dictate terms afterwards.

I’ve considered the trojan argument but that’s hard for me to believe given his history with CIA and the military industrial complex. I just hope bitcoin doesn’t end up being another 401k substitute or s&p500-like asset that normies hold with their employers. What effects will it have on the world if/when they get rugged? How many retail investors are going to take custody of Bitcoin when Saylor doesn’t even custody his own Bitcoin?

Again brother can't fault your logic. I think there will be a group of sovereign individuals who custody our keys and normies will hold it with their bank. I had hoped otherwise but I've seen too many people fail to grasp even the basics. And that's ok imo. Aslong as we keep Bitcoin decentralized and secure we can use it as we need. People will get rugged and will learn or not. This is the natural state of things. Winners and losers.

I 100% agree with you. It’s unfortunate but most people are willfully ignorant and they’re going to get rekt over and over again. But as long as the network keeps pumping out blocks, people like us will be fine because we put in the work to learn how to use these tools.