Michael Saylor’s 21 Rules for Bitcoin calls Bitcoin ‘Chaos’ and an ‘economic virus’

3 months ago

In his keynote astatine BTC Prague, MicroStrategy CEO Michael Saylor articulated a vision of Bitcoin arsenic the world’s archetypal cleanable money, a profound innovation with the imaginable to reshape economical and governmental systems globally. Drawing parallels to historical technological revolutions, Saylor positioned Bitcoin arsenic a disruptive economical force, ushering successful a caller epoch of fiscal insight.

Saylor’s presumption was much similar a sermon than a keynote, reminiscent of a religion pastor preaching to his flock astir salvation. Unlike a spiritual leader, Saylor’s sermon was focused connected reaffirming and encouraging the assemblage to judge successful Bitcoin, not god, not himself, not his company, a taste personality, nor thing different than the self-sovereignty and “perfection” of Bitcoin. One of his closing lines concerning those who merchantability Bitcoin was,

“Satoshi forgive them; they cognize not what they do.”

Saylor introduced a conception helium termed “21 Rules of Bitcoin.” While helium acknowledged the subjective quality of these rules, helium framed them arsenic guiding principles for knowing and embracing Bitcoin. According to Saylor, those who comprehend Bitcoin invariably take to put successful it, portion those who bash not recognize it thin to knock it. This dichotomy emphasizes a cardinal paradigm displacement wherever accepted perspectives connected wealth and worth are challenged.

Michael Saylor’s 21 Rules of Bitcoin

  1. Those who recognize Bitcoin bargain Bitcoin. Those who don’t knock Bitcoin.
  2. Everyone is against Bitcoin earlier they are for it.
  3. You cognize you grasp Bitcoin erstwhile you cognize you’ll ne'er afloat recognize Bitcoin. You’ll ne'er beryllium done learning astir Bitcoin.
  4. Bitcoin is powered by chaos.
  5. Bitcoin is the lone crippled successful the casino wherever we tin each win.
  6. Bitcoin won’t support you if you don’t deterioration the armor.
  7. Bitcoin is the 1 happening successful the beingness that you tin genuinely own.
  8. Everyone gets Bitcoin astatine the terms they deserve.
  9. Only bargain Bitcoin with the wealth you can’t spend to lose.
  10. Tickets to flight the matrix are priced successful Bitcoin.
  11. Bitcoin penetration is restricted to those who request to know.
  12. All your models volition beryllium destroyed.
  13. The cure for the economical sick is the orangish pill.
  14. Be for Bitcoin, not against fiat.
  15. Bitcoin is for everybody.
  16. Learn to deliberation successful Bitcoin.
  17. You don’t alteration Bitcoin; it changes you.
  18. Laser eyes support you from endless lies.
  19. Respect Bitcoin, oregon it volition marque a clown retired of you.
  20. Do not merchantability your Bitcoin.
  21. Spread Bitcoin with love.

One of Saylor’s cardinal points was the intrinsic worth of Bitcoin arsenic “perfect money,” contrasting it with humanities and modern forms of currency similar seashells, tobacco, and fiat money. He emphasized that Bitcoin’s worth lies not successful the appreciation of assets but successful realizing its implicit worth successful a distorted fiscal landscape. This displacement successful perspective, akin to a technological revelation, compels individuals to interruption from accepted reasoning and clasp Bitcoin’s innovative framework. He reiterated that everyone gets Bitcoin astatine the terms they merit and appeared contented with missing retired connected Bitcoin astatine $950.

“I got the terms I deserved, and I started buying astatine $9,500, but that’s okay’ll beryllium buying it astatine $95,000 and $950,000, and I’ll bargain it astatine $8 million.”

Saylor besides highlighted Bitcoin’s unsocial presumption arsenic an “economic virus” that volition permeate done layers of nine and exertion implicit time. He argued that a due knowing of Bitcoin requires an appreciation of its semipermanent imaginable and interaction connected aboriginal generations. This position necessitates continuous learning and adaptation, acknowledging that Bitcoin’s power volition germinate with technological advancements and societal structures.

Addressing accepted investments’ volatility and inherent risk, Saylor presented Bitcoin arsenic a hedge against chaos and entropy. He likened Bitcoin to a haven successful a satellite characterized by instability, drafting a humanities analogy to the stableness of Swiss banks during World War II. This position frames Bitcoin arsenic a resilient plus susceptible of withstanding and benefiting from planetary economical turmoil.

“Are you successful the concern of profiting from chaos oregon stopping it? You can’t halt entropy […] Bitcoin is the location of chaos – anyone who wants to play successful that crippled tin support winning.”

Saylor further articulated that Bitcoin represents existent ownership successful a satellite wherever outer entities power astir assets. He emphasized the decentralized and secure quality of Bitcoin, making it the archetypal plus successful quality past that individuals tin genuinely ain without reliance connected intermediaries. This rule of ownership is cardinal to knowing Bitcoin’s worth proposition. He argued against the conception of lone investing what you can afford to lose, alternatively advocating for investing the wealth you can’t afford to suffer successful Bitcoin.

“When you accidental lone put with wealth you tin spend to suffer you’re making a motivation equivalence to gambling with the likelihood against you […] No 1 says lone enactment the kids connected the schoolhouse autobus that you dont request maine to return.”

In closing, Saylor emphasized the value of spreading Bitcoin adoption done affirmative engagement alternatively than confrontation. He advocated for a compassionate attack to educating others astir Bitcoin, emphasizing that absorption often stems from a deficiency of understanding. By promoting Bitcoin with emotion alternatively than hate, advocates tin foster broader acceptance and accelerate the planetary adoption of this revolutionary technology.

Saylor’s keynote astatine BTC Prague was a telephone to clasp the transformative powerfulness of Bitcoin. His “21 Rules of Bitcoin” is simply a roadmap for knowing and navigating this caller economical paradigm, emphasizing continuous learning, resilience against chaos, and a compassionate attack to spreading Bitcoin’s benefits.

The station Michael Saylor’s 21 Rules for Bitcoin calls Bitcoin ‘Chaos’ and an ‘economic virus’ appeared archetypal connected CryptoSlate.

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