Why Saifedean Ammous Is A #Bitcoin Legend
Sold over 1 million copies of “The Bitcoin Standard”
Convinced Michael Saylor to buy 400,000+ BTC
Advised El Salvador to buy 1 BTC a day
A thread ️🔥
1/ Saifedean learned early of the evils of fiat money
Born in Palestine, his grandparents had their land stolen by Israel
They had to flee abroad with their savings 😡
2/ Saifedean grew up interested in politics and economics
In essays for his college newspaper, he defended his country, arguing U.S. taxpayers were responsible for Israel’s aggression
America, he wrote, “went to war for oil and money” ✊
3/ At college, Saifedean developed a reputation for controversy
He wasn’t afraid to stand against the U.S war machine
He was featured in New York Magazine for his scathing editorials ️🔥
4/ Saifedean began to look for alternatives to fiat in Austrian economics
He first heard about #Bitcoin in 2011– when the price was surging up to $30
He thought about buying, but was convinced it would fail ❗
5/ Saifedean kept writing on money and economics
Soon his articles on Occupy Wall Street landed him a spot on “The Keiser Report”
It’s host Max Keisier was already a #Bitcoin believer 👏
6/ More and more, Saifedean began to be curious about #Bitcoin
He evaluated all the major altcoins
He realized “only Bitcoin” could serve as a true store of value 💥
8/ This work culminated in ‘The Bitcoin Standard’
It took him 3 months to write
The book has since sold over 1 million copies worldwide 🏆
9/ Saifedean’s #Bitcoin career was just getting started
In 2019, he left his job at the university
He invested ALL his severance into Bitcoin under $10,000 🤯
10/ Soon, Saifedean became a major crusader for Bitcoin
Here he is eviscerating one pompous old fiat economist
He argued that the fiat system had caused centuries of war and poverty – and that #Bitcoin was the solution 🤣
11/ Here’s Saifedean explaining inflation to Lex Friedman and his millions of podcast listeners
He popularized the idea Bitcoin was saving
Regular people, he told Lex, shouldn’t have to invest to preserve the purchasing power of their paycheck ✊
13/ Next Saifedean assembled a team to orange pill Jordan Peterson
Here’s Jordan talking about Satoshi and his profound work
You can see the moment he understands Bitcoin 💥
14/ By 2021, The Bitcoin Standard was regularly mentioned on TV
Here’s CNBC’s Joe Kernen defending Bitcoin against critics
He says they haven’t read “The Bitcoin Standard” ❗❗
15/ Nowhere is Saifedean more influential than in politics
Senator Cynthia Lummis was inspired by the book to push for a national strategic #Bitcoin reserve
Congressman Thomas Massie said it convinced him to end the Fed!
16/ Saifedean is even an advisor to the President of El Salvador
President Bukele became a fan of “The #Bitcoin Standard”
Now his country is buying 1 BTC every day
17/ Even more impressive, Michael Saylor cites the book as a reason his company bought 200,000 #Bitcoin
He calls the book required reading
He even wrote the forward for “The Bitcoin Standard”
18/ Today, it’s safe to say ‘The Bitcoin Standard’ is the “Bible of Bitcoin”
There’s even a hotel in Germany that keeps the book in every room.
✨
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