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292 sats \ 5 replies \ @DarthCoin 21 Jun 2023 \ on: What are your thoughts on Michael Saylor? bitcoin
Saylor is good for Bitcoin as the marketing department.
But let's not put him on a pedestal already.
He literally said: I will accummulate bitcoins as much as I can and then use them as collateral to get dollars.
He is not in this game to destroy fiat. He just want to take your bitcoins and you later borrow fiat from him.
Don't pay attention only to what he says, but he"s doing.
He's a smart guy, so ask yourself why he didn't come up until 2020?
The answer is that he was already accummulating btc before but was not the time to pump his bags.
Be aware that also FOMO is dangerous.
Yep, hero worship isn't healthy. We don't need bitcoin heroes.
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Very well said, "marketing department" is exactly how I view Saylor and Microstrategy. I think that in the long term, their attempts to dollarize bitcoin will be foiled when people start moving away from fiat
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He is not in this game to destroy fiat
Fiat money is always destroyed by itself.
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I see him as marketing department too 😂
But if one want to learn good stuff, gotta dig deeper to find those toxic Bitcoiners.
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His job is to run a company that has a product that isn't bitcoin. His company holds bitcoin because it is a superior form of money. As soon as he can employ that money in a better way than just hodling it, he should.
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