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Anyone trying to understand Michael Saylor’s reasoning should listen to this podcast episode: https://podcasts.apple.com/us/podcast/the-bitcoin-standard-podcast

Anyone trying to understand Michael Saylor’s reasoning should listen to this podcast episode: https://podcasts.apple.com/us/podcast/the-bitcoin-standard-podcast/id1403202032?i=1000509234339 https://podcasts.apple.com/us/podcast/the-bitcoin-standard-p... He goes into great detail his logic and reasoning for doing the purchase, why he thinking it’s a good investment, etc. Going to give you a much richer understanding than the spitballing you’ll find in these comments.

loceng 6y ago
I haven't listened to it yet, I will - however the narrative has certainly been crafted, evolving, over the last 10 years to avoid mentioning or addressing the unavoidable pitfalls of Bitcoin; there isn't honest discussion among it, and pro-Bitcoin narratives are starting to earn the title of propaganda. Edit to add: the suppression tactics of downvoting counter-narrative comments instead of engaging with them is most common as well, financially incentivized to suppress counter-narratives.
- iagovar 6y ago
  I agree. You can get rich, definitely (or lose a lot of money), but if we're talking about protecting against FIAT inflation or money, there are better vehicles for that, and even better cryptos. But markets are about expectations above anything else, and this people knows that.
  - loceng 6y ago
    I agree we need to protect against inflation, and there will be a blockchain structure that allows willing nations - not influenced by greed but consensus through decision making, reasoning, and democratic processes - save regulatory capture.
yellow_postit 6y ago
Here’s a non-Apple link to the podcast: https://saifedean.com/podcast/34-michael-saylor-on-the-fiat-standard/ https://saifedean.com/podcast/34-michael-saylor-on-the-fiat-... Off topic: Apple makes it very hard to find the name of the podcast and episode on iOS if you don’t have their podcast app installed.

loceng 6y ago

I haven't listened to it yet, I will - however the narrative has certainly been crafted, evolving, over the last 10 years to avoid mentioning or addressing the unavoidable pitfalls of Bitcoin; there isn't honest discussion among it, and pro-Bitcoin narratives are starting to earn the title of propaganda. Edit to add: the suppression tactics of downvoting counter-narrative comments instead of engaging with them is most common as well, financially incentivized to suppress counter-narratives.

iagovar 6y ago
I agree. You can get rich, definitely (or lose a lot of money), but if we're talking about protecting against FIAT inflation or money, there are better vehicles for that, and even better cryptos. But markets are about expectations above anything else, and this people knows that.
- loceng 6y ago
  I agree we need to protect against inflation, and there will be a blockchain structure that allows willing nations - not influenced by greed but consensus through decision making, reasoning, and democratic processes - save regulatory capture.

yellow_postit 6y ago

Here’s a non-Apple link to the podcast: https://saifedean.com/podcast/34-michael-saylor-on-the-fiat-standard/ https://saifedean.com/podcast/34-michael-saylor-on-the-fiat-... Off topic: Apple makes it very hard to find the name of the podcast and episode on iOS if you don’t have their podcast app installed.