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Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Saylor's ideas centre on the fixed 21 million coin supply of Bitcoin. He presents this shortage as a revolutionary economic idea rather than only a technical one.
MicroStrategy co-founder and executive chairman Michael Saylor has taken to social media to once again reiterate his position as one of Bitcoin's most prominent maximalists.
In a lengthy post titled "21 Truths of Bitcoin," Saylor dissects the philosophy, economic justification, and technological potential of his pro-BTC posture.
Saylor's thoughts centre around the fixed 21 million coin supply of Bitcoin, which he presents as a revolutionary economic idea rather than merely a technical one.
This scarcity, he argues, positions Bitcoin superior to fiat money, which is susceptible to inflation due to ongoing government control. BTC, in his view, offers a path to financial sovereignty, a value not subject to devaluation or seizure by authorities or central banks.
He emphasizes that Bitcoin is a moral and financial improvement to the current financial system, not just digital money. "Bitcoin is the solution to economic tyranny," he stated. This aligns with a recurring theme in Saylor's public appearances—his interpretation of Bitcoin as a weapon for personal freedom and a counterpoint to inflation.
Another "truth" Saylor highlights is the remarkable security and distributed nature of Bitcoin's technology. He credits the Bitcoin blockchain as the safest computer network ever created.
This confidence, he notes, is growing among institutions and individuals. Saylor also implicitly criticizes altcoins and other blockchains, suggesting their lack of durability and clear purpose.
Bitcoin, for him, stands as the supreme digital asset, while the others are distractions or experiments lacking the same financial integrity.
Saylor, known for leading MicroStrategy in a bold Bitcoin buying spree, transforming the company into a publicly traded BTC fund, supports this strategy.
In "21 Truths of Bitcoin," he further elaborates on the long-term advantages of holding Bitcoin over conventional assets like cash, equities, or gold.
He claims that Bitcoin is the best long-term investment available. For those with a future orientation, its deflationary character and resistance to political interference make it the most appealing.
His perspective is clear: those who understand the fundamental ideas of Bitcoin will ultimately choose to hold it as their primary asset.
News data source: kdj.com
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