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Gareth Jenkinson87d ago
So, does @a341f45f…cffc7a98 consider Bitcoin to be money 🤔 It’s a question I put to @4379e76b…065061ad when we caught up earlier today. According to the author of The Bitcoin Standard, which has orange pilled millions of people, Saylor sees Bitcoin as a unique, hard asset. “One of the metaphors he uses is that it is like crude oil, in that it is a hard asset. And just like Standard Oil once refined crude oil into refined products like kerosene and gasoline, he sees Strategy’s role as.refining ‘crude Bitcoin’ into financial assets that people can use”. This is a fascinating anecdote of Saylor’s Bitcoin thesis. But Saifedean also reminds us that despite what Saylor might think about Bitcoin, it’s still money and will only become more valuable as long as the fiat money printer exists.
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