1/5 The .@APompliano interview with .@michael_saylor goes straight to the #Bitcoin Podcast Hall of Fame. You will not find another CEO who will better represent the ethos of the Bitcoin community. His backstory on how he got here with MicroStrategy is telling.
A Thread. 👇👇👇
2/5 A few takeaways. First, Michael Saylor is open to other's ideas. On many occasions in growing his company he took the advice of a friend/consultant on emerging technologies and incorporated them into his products. This usually led to doubling his profits every few years.
3/5 Second, he was a forward thinker who saw the promise of mobile apps and domain names. You want conviction? He once refused to sell a domain name for $100,000 and held out until he broke them and finally sold it for $30 Million!
4/5 Third, do you think you have a strong hand? He once rode his company stock down from $333 to .42 cents! This man was made to handle volatity. He saw the writing on the wall as cash became more and more worthless and was open to checking out Bitcoin.
5/5 Finally, he is a quick learner. He and his staff researched everything Bitcoin-related. He understands Bitcoin's first mover advantage and the community here that will fight to defend it. Damn. What a show. Time to buy more Bitcoin!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
1/5 Why did the men who launched this nation disdain paper money? They had watched British colonial governments debauch their currencies and, consequently, impoverish their citizens. Gold was their #Bitcoin at the time and we are now coming full circle.
2/5 The Founders recognized the perils of legal-tender paper money, which coerces people to accept something that may be inherently worthless — as is the case with our paper money today.
3/5 "Paper is poverty,” Jefferson observed in 1788. “It is only the ghost of money, and not money itself.” In 1817, he added that paper money’s “abuses also are inevitable and, by breaking up the measure of value, make a lottery of all private property.”