Bitcoin looks to eventually become the worlds treasury asset
Michael Saylor has been spitting straight fire lately...
Many know Michael Saylor from his (and his companies) outsized bets on bitcoin. First he/they bought $425 million, then they added another $50 million, then they sold $650 million in convertible notes to buy more bitcoin.
This all from a company with a couple billion dollar market cap, though admittedly it's worth a lot more since they started buying bitcoin.
Though, what's just as impressive as all the big moves they have made into bitcoin is the commentary and education Michael Saylor has been dropping on a semi regular basis.
This being a perfect example of his latest:
(Source: ~~~ embed:1339937301716152320) twitter metadata:bWljaGFlbF9zYXlsb3J8fGh0dHBzOi8vdHdpdHRlci5jb20vbWljaGFlbF9zYXlsb3Ivc3RhdHVzLzEzMzk5MzczMDE3MTYxNTIzMjApfA== ~~~
Per usual, he hits the nail on the head with this one.
If bitcoin truly is going to do what many think it's going to do, investing 1% of your assets into it is pretty meager.
Especially if it actually becomes the worlds treasury reserve asset.
Check out these ones as well from him:
(Source: https://twitter.com/michael_saylor)
The genius of Michael Saylor...
My favorite thing about people who invest in bitcoin is that they then turn into cheerleaders and tell all their friends and family members about it as well.
It's like the perfect mixture of investing and religion.
You don't just invest in bitcoin, you believe in it.
Saylor is the perfect example of this and his reach is far greater than most, and his even expanded significantly since venturing down the bitcoin rabbit hole.
The really great thing is that Saylor was initially skeptical of bitcoin and not really a fan of it when he first heard about it several years back, which makes all this all the more enjoyable, a true "Saul to Paul" from the Bible type of story.
If you get some time and really want to explore the genius of Michael Saylor, give this video he did earlier today a listen.
It encompasses the genius of Saylor very well as well as educates you on all the latest happenings and where we are headed.
Well worth the watch:
Also check out his twitter page from time to time and you will get some very nice one or two liners that both predicts where we are going and educates on where we came from.
One of my favorites...
(Source: ~~~ embed:1339975325736951811) twitter metadata:bWljaGFlbF9zYXlsb3J8fGh0dHBzOi8vdHdpdHRlci5jb20vbWljaGFlbF9zYXlsb3Ivc3RhdHVzLzEzMzk5NzUzMjU3MzY5NTE4MTEpfA== ~~~
Bitcoin picked up a great one in Michael Saylor, and we are lucky to have him.
If history is our guide, bitcoin tends to make believers out of just about everyone.
Stay informed my friends.
-Doc
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At this point, bitcoin is the safe investment.
I believe we could see 1 satoshi = $1 USD
I know we will see $1,000,000 bitcoin.
Not sure about $10,000,000 bitcoin only because i do not know if the USD can hold that long.
But, bitcoin is the safe investment.
It has enough big people behind it that the people who oppose it aren't big enough.
They are about to be steam-rolled.
The bigger moves will be in the crypto currencies that will actually be used.
Like litecoin, BCH and digibyte...
The really huge moves will be in cryptos that solve problems
Like veritaseum, salt, theta...
Bitcoin is old news now.
$1,000,000 BTC would leave us with a penny SAT. That would be pretty picture perfect. 😎
Yea maybe, but I don't even want to know what the purchasing power of the dollar might be in that scenario. 1 satoshi being equal to one penny sounds more reasonable to me. :)
He just proved, this stuff is real folks.
Don't just watch, get involved.
Maybe $50k is less than 6 months away!
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Spitting straight fire!
I'm working my ass off to get my damn 0.02 and retire in peace. Seriously speaking, Bitcoin and cryptocurrecies are areality that is definitely here to stay. Some people think they are late but we are still in early stages. The world will change as we know it. Best regards.
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Yep, that is the hope. Just need to keep regulators from messing things up too badly and we are good to go.
Definitely my new Rock&Roll star!!! 🤟🤟🤟🤟
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I liked Mr Saylor when I first heard about him in that first round of investment, then watched an interview, now after reading he's got over 1 billion in the good stuff, well, this is full on man crush material haha
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Haha, same here. He's quickly becoming the stuff of legend. Crypto's Elon Musk.
In his tweet from the 16th he says:
Notice that there is room there for others to emerge, and maybe even be just as good someday (if not better).
I've got HIVE in the group of front runners. 😯
https://hive.blog/hive-126009/@cryptographic/what-makes-hive-different
There's is no comparison really, they are running a different race. BTC is a store of value due to its limited supply. HIVE is running a race with ETH and other platform coins/tokens. Stuff will be built on HIVE/ETH/etc. Bitcoin is simply digital gold. It's possible that at some point a platform coin/token could be more valuable than BTC depending on what is built on it, and that is even if BTC is still trading for north of $100k per coin.
It's amazing to see how much Bitcoin continues to be so well valued.
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Precisely, more than hitting the nail on the head is an analogy that can be used for any type of business, if one invests only 1% of all the patrimony that a person has, it means that it is a very risky investment and he is not willing to lose. But with crypto it is about taking a leap of faith and being very fast and intelligent to know what else to do while our investment in crypto goes up.
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Exactly. If bitcoin becomes the world's treasury asset, 1% isn't going to be enough...
Maybe $50k is less than 6 months away
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