We were questioned and ridiculed for buying #Bitcoin with our cash reserves. We posted a tweet to explain. People are still skeptical but came back with more questions which is good. We will continue to help educate on why we made that decision
Time for another thread👇🏽👇🏽👇🏽
1) When Vicious Lion Investor @TraceMayer says “#Bitcoin is a claim on the future productivity of the planet in perpetuity discounted back to the present”
You should listen 👇🏽 open.spotify.com/episode/4CTyby…
2) When The Worlds Favourite Rich Dad & Best Selling Author @theRealKiyosaki says that fiat currencies are pyramid schemes, and bought #Bitcoin with his wealth.
You should listen 👇🏽
3) When Human Rights Activist @maxkeiser says #Bitcoin is a physical sociological psychological political and cosmic quadruple quintupling event that’s happening right now.
You should listen 👇🏽 open.spotify.com/episode/1siQoY…
4) When Ferocious Entrepreneur @CaitlinLong_ says How does your asset manager run your no fee fund? I’ll tell you how. They are taking your securities and they’re going around and lending them and they’re not giving you a cut.
You should listen 👇🏽 open.spotify.com/episode/1aoQoi…
5) When Brilliant Technology Entrepreneur @JeffBooth says over the last 20 years (before Covid) there has been $185 TRILLION created to produce $46 TRILLION of economic gain. #Bitcoin is an A-symmetric bet.
You should listen 👇🏽 open.spotify.com/episode/36FX0N…
6) Please keep reading,, this might take a while 😅
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7) When Economics Powerhouse @Breedlove22 says that the invention of #Bitcoin is comparable to the invention of the number ZERO 🤯
You should listen 👇🏽
8) When Legendary CEO @michael_saylor says #Bitcoin isn’t 10x better than gold. It’s 100x maybe it’s 1000x better than gold
You should listen 👇🏽
10) When Finance Wizard @PrestonPysh says 2008 was the end game and 2020 is just all the manipulation in order to keep social unrest from actually playing out.
You should listen 👇🏽
11) So thank you for coming back to us with questions, that means you are getting curious. If you are still skeptical, go back and listen ☝🏽☝🏽☝🏽
12) To all the people that were mentioned in this thread Thank you. We will try to do our part to help educate. We are building a rabbit hole tweet thread that will link to other rabbit hole threads. So if this was your first one you saw go back and check the others.
A #Bitcoin empire is forming but it’s unlike any other empire we’ve seen before. It will rival the western and eastern empires and become a superpower of its own.
Here’s a thread on the past, present and future of this empire. 🧵
Every empire starts with a leader. For us that is Satoshi, a pseudonymous leader that built the bitcoin protocol and then disappeared into cyberspace. Already this is very different than all current & previous Empires
Next we have the cypherpunks and the libertarians that are the first disciples or core zealots of this empire. They helped this empire grow from nothing, some deviated and some stuck around.
Ever since our company bought #Bitcoin👇🏽 we went from irresponsible to geniuses back to irresponsible entrepreneurs simply because of #Bitcoin price action. Over the last 6 month we’ve kept our heads down and focused on growing our business.
1/ I lost the opportunity to own extra #Bitcoin because I played with leverage.
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Time for a thread 👇🏽👇🏽👇🏽
2/ during the bull market I decided that I wanted to buy more #bitcoin and a car. I didn’t want to sell any of my Sats. So I decided to borrow dollars against my bitcoin.
3/ I did so with very little risk (or so I thought) by putting a huge amount in collateral. My collateral was able to withstand a drop in price to $4000 and I had more collateral to add if needed.
Majority of the 1.8 Billion Muslims around the world are living their whole lives in Sin and they don't even know it. The obvious solution for them is #Bitcoin
Most muslims will consider this thread blasphemy. We think its just the truth
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2) Let us share sth that you might have not known about Islam & Muslims. During the last sermon of the Prophet Mohamed PBUH, made it clear that all Interest is Forbidden (Haram). Muslims live by Halal (permissible) & Haram (Forbidden). This is what the Prophet said,
3) "Allah (God) has forbidden you to take usury (interest), therefore all interest obligation shall henceforth be waived. Your capital, however, is yours to keep. You will neither inflict nor suffer any inequity" Thats a very clear message.
Hodling #Bitcoin as a Company is not easy, over the past year it felt like we were battling an opposing public opinion in our community all the time.
This was resolved by us learning & studying which was crucial
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Thread 👇🏽👇🏽👇🏽
2/ The arguments were exhausting especially if you didn't put time into education 1. Too volatile 2. Untrustworthy 3. Will get banned 4. Consumes too much energy 5. Not an investment, its speculation 6. Manipulated market 7. CBDC's 8. Used by criminals
3/ We saw something different, #Bitcoin was the most stable asset in our lives. Block after block it operated with perfection as promised. #Bitcoin hasn't changed at all since we got into it (yes, we verified) but the echo system built on top of it grew immensely
We looked our financial advisor in the eye and told him gold will turn into a scam because of #bitcoin
He laughed and condescendingly came back with the 6000 years argument.
Here is why we think gold's years are numbered. 👇🏽👇🏽👇🏽
1) Gold throughout history has been mainly used as a store of value. Even as jewelry it’s main purpose is to store & transfer wealth. That is why it is used in East Asian & middle eastern countries as dowries
2) Gold salesman like @PeterSchiff will lie to you and tell you that golds value comes from practical use cases like electronics. Gold does get used for other things besides store of value but that demand is not what gives gold a $10 trillion dollar market cap. This does