Topic: 21 Rules of Bitcoin - Michael Saylor - page 2. (Read 233 times)
Michael Saylor is a very intelligent person. The fiat system is a terrible scam, and people live for decades within this deception, unaware of the matrix they live in. Bitcoin has opened the eyes of many people.
More like a way to make someone become Bitcoin maximalist.
Mostly I agree, few points are quite controversial, the only one point I disagree is #5.
If we talk about economy, there's no way everyone can win since it works by demand and supply, anything is zero sum game. If you win, someone else loses, if you lose, someone else wins. Mostly investors are win, mostly traders are lose, what he said is he refer to the investors.
Mostly I agree, few points are quite controversial, the only one point I disagree is #5.
If we talk about economy, there's no way everyone can win since it works by demand and supply, anything is zero sum game. If you win, someone else loses, if you lose, someone else wins. Mostly investors are win, mostly traders are lose, what he said is he refer to the investors.
I don't agree with that. As Michael Saylor says in the video, it can be taken from you. Your land will be taken by the mayor, your company will be taken by the taxes. Even your gold, will be removed from you by force. You will need to move the gold physically with you wherever you go. It's not the same as Bitcoin.
If you are arrested and government use whatever means to force you giving your Bitcoin private key, will you own your bitcoin. So don't be extremely serious like if you have physical gold bars at home but you don't actually own it. Governments can do the same with your bitcoin or your physical gold bars if they arrest you and it is more serious in nations where citizens don't have enough human rights and protection from laws.Saylor is a Bitcoin maximalist and he only invests in Bitcoin so he has to use any word as barrier to prevent more people invest money in other non-Bitcoin assets. Total capital is here, if more people spend money to other things, less money will go into Bitcoin market and it will affect trading volume, demand and price growth of Bitcoin. Saylor is smart enough to know that but it doesn't mean what he said is true.
I don't agree with that. As Michael Saylor says in the video, it can be taken from you. Your land will be taken by the mayor, your company will be taken by the taxes. Even your gold, will be removed from you by force. You will need to move the gold physically with you wherever you go. It's not the same as Bitcoin.
Your BTC can also be stolen from you if your device is compromised, an assailant can find where your seed phrase is stored locally and steal it from you, if you store your funds in an exchange, it can be taken away from you, if there is a fire incident in your house, your seed phrase and device could be damaged forever, if, if.BTC is great, a lot of us are pro bitcoiners, but some of the things in this '21 rules' are kind of weird and does not make sense to me.
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7. Bitcoin is the one thing in the universe that you can truly own.
It's too much. If you own gold, it's yours.I don't agree with that. As Michael Saylor says in the video, it can be taken from you. Your land will be taken by the mayor, your company will be taken by the taxes. Even your gold, will be removed from you by force. You will need to move the gold physically with you wherever you go. It's not the same as Bitcoin.
1. Those who understand, buy Bitcoin. Those who don't, criticize Bitcoin.
2. Everyone is against Bitcoin before they are for it.
Some can be changed with education and with time but some won't be changed so let them be the ones they are.2. Everyone is against Bitcoin before they are for it.
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3. You will never be done learning about Bitcoin.
It's related to point #1. Understand it is a broad term, and point #3 says a right thing, learning and mastering Bitcoin is hard. The bottom line is, you don't need to master everything of Bitcoin to invest your money in it. You only need basics such asNext step is choose your wallet, non custodial, open source, make sure you back up your wallet, test the backup. At this point, you are ready to purchase bitcoin and move it to your non custodial wallet.
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7. Bitcoin is the one thing in the universe that you can truly own.
It's too much. If you own gold, it's yours.With Bitcoin, it's not your private key, it's not your bitcoin so make sure you own the private key.
Andreas M. Antonopoulos' Bitcoin Q&A: Not your Keys, Not your Coins
Michael Saylor at BTC Prague presented "his" 21 rules of bitcoin.
https://www.youtube.com/watch?v=1PkMFIa7rmQ
The rules by themselves, might not mean something to you. They have layers of deep meaning. I highly recommend you watch the video. What do you think of these rules, what do they mean to you?
1. Those who understand, buy Bitcoin. Those who don't, criticize Bitcoin.
2. Everyone is against Bitcoin before they are for it.
3. You will never be done learning about Bitcoin.
4. Bitcoin is powered by chaos.
5. Bitcoin is the only game in the casino that we can all win.
6. Bitcoin won't protect you if you don't wear the armor.
7. Bitcoin is the one thing in the universe that you can truly own.
8. Everyone gets Bitcoin at the price they deserve.
9. Only buy Bitcoin with the money you can't afford to lose.
10. Tickets to escape the matrix are priced in Bitcoin.
11. Bitcoin insight is restricted to those with a need to know.
12. All your models will be destroyed.
13. The cure to economic ill is the orange pill.
14. Be for Bitcoin, not against Fiat.
15. Bitcoin is for everyone.
16. Learn to think in Bitcoin.
17. You don't change Bitcoin, it changes you.
18. Laser eyes protect you from endless lies.
19. Respect Bitcoin, or it will make a clown out of you.
20. You do not sell your Bitcoin.
21. Spread Bitcoin with love.
https://www.youtube.com/watch?v=1PkMFIa7rmQ
The rules by themselves, might not mean something to you. They have layers of deep meaning. I highly recommend you watch the video. What do you think of these rules, what do they mean to you?
1. Those who understand, buy Bitcoin. Those who don't, criticize Bitcoin.
2. Everyone is against Bitcoin before they are for it.
3. You will never be done learning about Bitcoin.
4. Bitcoin is powered by chaos.
5. Bitcoin is the only game in the casino that we can all win.
6. Bitcoin won't protect you if you don't wear the armor.
7. Bitcoin is the one thing in the universe that you can truly own.
8. Everyone gets Bitcoin at the price they deserve.
9. Only buy Bitcoin with the money you can't afford to lose.
10. Tickets to escape the matrix are priced in Bitcoin.
11. Bitcoin insight is restricted to those with a need to know.
12. All your models will be destroyed.
13. The cure to economic ill is the orange pill.
14. Be for Bitcoin, not against Fiat.
15. Bitcoin is for everyone.
16. Learn to think in Bitcoin.
17. You don't change Bitcoin, it changes you.
18. Laser eyes protect you from endless lies.
19. Respect Bitcoin, or it will make a clown out of you.
20. You do not sell your Bitcoin.
21. Spread Bitcoin with love.
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