The fiscal and economic narratives encompassing Bitcoin (BTC) barely scrape the surface of what produces the digital advantage so exceptional, based on Michael Saylor, CEO of MicroStrategy.
"After you know money is financial energy and you know Bitcoin is a financial energy system, then you begin to appreciate the simple fact that it does or doesn't honor the laws of thermodynamics. If it does not, it means it's a flow."
Saylor gave the meeting before the now-famous 17th century Spanish Galleon, that was crafted from the 19th century. The simple fact that such vessels hauled gold throughout the sea in days of yore is definitely not lost on him.
Bitcoin is now a 850 billion advantage after its most recent price surge, but that is just the start of its economy effect, based on Saylor. Now, Bitcoin are the"center of the financial world"
Saylor lately pitched Bitcoin into 1,400 corporate executives, where he spoke plans for integrating the electronic asset into treasury reservations. In his interview with Davis to get Cointelegraph, Saylor had a couple of words of wisdom about what hodlers must do with their Bitcoin should they aspire to attain generational wealth.
"You must buy it and maintain it indefinitely," he opined. "My advice is to borrow it , never take capital gains, never take a working income"
Saylor's prognosis reflects his own approach of perma-hodling the electronic asset as part of a deliberate effort to embrace the Bitcoin Standard. His certainty isn't just based on Bitcoin's underlying technology, but also on the fast decreasing value of fiat money. His now-famous analogy comparing fiat cash into a snow cube seems to be more resonating with his peers.