Anil ⚡ Profile picture
Author: https://t.co/b8kBHK3zZ7 Teaching: https://t.co/k1sG30nR0A Presentations: https://t.co/4KEybEyEl3 Working on: https://t.co/3nnyU3tiX6

Feb 22, 2021, 8 tweets

Few have grasped the magnitude and inevitability of Bitcoin in such a brief period of time.

Fewer still have been able to explain the current monetary environment to a wide audience with such ease and clarity.

@michael_saylor is the Richard Feynman of Bitcoin.

Speaking to @RealVision, Saylor laid out his concerns with the current rate of monetary expansion:

"I came to the horrifying conclusion that I’m sitting on a $500M ice cube that’s melting. It’s melting at 6% in a good year. Then you realize this year it’s melting at 25%."

🧊

In an interview with @KeithMcCullogh, Saylor cautions against financial models that fail to account for the adoption of new networks:

“What happens if 10 billionaires decide to buy $1B of bitcoin each and announce it…all of your models are destroyed, completely devastated.“

📈

In a brief tweet on Feb 5th, Saylor offers bitcoin as a system of measurement, due to its perfect scarcity.

Bitcoin is now the most precise method we have for measuring value across time.

📏

In a interview with @Scaramucci for @SALTConference:

“The entire thing is like a massive monetary battery..
I can take $100m of monetary energy, put it into the Bitcoin network and it will sit there for as long as you can imagine with zero power loss.”

🔋

Speaking with @APompliano, Saylor describes the network effects of dematerializing something fundamental:

”There's never been an example of a $100b dollar monster digital network that was vanquished once it got to that dominant position.

Bitcoin is the monetary network."

🌐

In an interview w/ @familyoffice:

“Bitcoin is not a stock, bitcoin is a bank.

The price of a BTC represents all of the money deposited divided by 21M, adjusted for inflation.

When you look at it like that.. the real question is how much money is going to get deposited.”

🏦

In conversation w/ @saifedean for The Bitcoin Standard podcast, Saylor recounts the unconfiscatable nature of bitcoin:

"I had this epiphany...I just took $500K of cash that someone can burn & steal and I put it into a vault of encrypted energy, and now they can’t get at it."

🔒

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling