Sounds like a false dichotomy. Saylor’s use case is capital, additional use cases only further strengthens the capital use case.

It's not that he doesn't understand it. Hes just pragmatic, and realises who his audience is.

?Come on people! If Michael would run around and call BTC a currency the FED, SEC, Oligarchs and all of their lobbyists and influence would wreck his business in a matter of days… so smart people won’t do this at this point.

Thanks for this text. It aligns with the default heuristic for independent thinking: don’t idolise anyone—anyone can be wrong at any time.

Saylor __________________ fifth column __________________ noun A clandestine subversive organization working within a country to further an invading enemy's military and political aims. A group of persons inside the battle lines of a territory engaged in a conflict, who secretly sympathiz...

His perspective is not wrong or right. Just, bitcoin has to be something(capital or peanuts) for long time before it becomes a currency.

Think of the dollar as Agent Smith In The Matrix trilogy. It's the Oracle's plan to let Smith take over the world, then everything centralized has a single weak point and can be destroyed. It's inevitable. The other fiat currencies are weak so the dollar will consume them. Then it's only one step to...

He’s a new Bitcoiner so he still has much to learn, even though he has a loud megaphone

I think it's a strategic move. He is very clear about the continual debasement of the dollar, he knows it has a limited life although it could be decades yet. To come out & publicly as he does and promote bitcoin as a currency to replace the dollar would create an awful lot of pushback I believe. Th...

great article. unfortunately a currency with a fixed immutable supply will always strongly incentivize maximizing your hodling, and conversely incentivize minimizing spending. although there's probably progress to be made in attitude and Bitcoin culture, the incentives are what they are.

It is times like these I wish we could ask Satoshi or Hal to weigh in and offer their perspectives. I think Satoshi made clear what #Bitcoin is in the white paper.