Thread by @Andre_Dragosch

🚨 Think #Bitcoin was conjured out of thin air?

Think again.

It’s the climax of decades-long innovation - and these top 10 quotes from my new book will change everything you thought you knew. 🧵👇

(bookmark this thread to revisit these insights anytime)

1/ “#Bitcoin didn’t appear out of thin air – it is the result of decades of work. Many digital currency projects failed before it succeeded.

Understanding how we got here will help you understand where we’re going.”
- @lopp

2/ ”The reason that #Bitcoin is magical is because there’s only 21 million. [...] #Bitcoin is a scarcity. [...] A scarcity is something of which it is absolutely capped.”
- @saylor

3/ “#Bitcoin is not a stock, nor is it a startup or any investment fund… this is a completely different animal than other types of assets that people are trying to compare it to. You need to view it through a
different lense.”
- @MartyBent

4/ “#Bitcoin is gold with teleportation built in.”
- @real_vijay

5/ “Imagine making an iPhone, and then twenty thousand imitators make a buggy knock-off fake iPhone with a glued-on Apple symbol
that doesn’t work properly. That’s ”#Bitcoin vs crypto”.”
- @LynAldenContact

By the way: All of these quotes are taken from my new book Exponential Gold.

It features a foreword by @Excellion and delivers institutional-grade insights about how to allocate into #bitcoin for serious investors.

Get your own copy here 👇
mybook.to/ExponentialGold

6/ “Contrary to popular misconception, money is not a government creation. Money is emergent — it is simply the most tradable good in any given market.”
- @Breedlove22

7/ “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches
of that trust.

Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive
overhead costs make micropayments impossible.”
- Satoshi Nakamoto

8/ “#Bitcoin won’t be adopted like the iPhone because it’s cool. It will be adopted like gunpowder: if you don’t own it, you’ll be its victim.”
- @saifedean

9/ “Being against #bitcoin is not original. Everyone starts out as a critic. It’s the default position. But, with knowledge, growth occurs.

And critics morph into advocates. Remaining a critic indefinitely is a sign of intellectual stagnation.”
- @anilsaidso

10/ “To truly understand where #Bitcoin is going, you need to really grasp the interplay between exponential growth and absolute scarcity.”
- @Excellion

/ End 🧵

Thanks for reading!

Follow me 👉 @Andre_Dragosch for more institutional insights about #Bitcoin & macro topics.

Stay humble and stack Sats,
André

Feel free to bookmark this thread and spread these quotes!

https://x.com/Andre_Dragosch/status/1938840969509773573

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