Patience is key to success, Most powerful example here
This is Michael Saylor
Nineteen years ago, he started as a McDonald's worker. Today, he holds over 226,330 $BTC worth $14.2B. After scanning 100 hours of his interviews, here are Michael's secrets.
Michael Saylor, a prominent figure in the Web3 space, has amassed a personal wealth exceeding $3B. As the CEO of @MicroStrategy, he oversees the holding of over 226K $BTC. After watching his interviews.
Crypto Regulation and Political War
Cryptocurrency stands as a competitor to the dollar and a highly speculative asset that doesn’t directly compete with traditional currencies. These dynamics have driven the SEC to become more active in regulating and controlling cryptocurrencies.
What is Bitcoin and Why is it Useful?
Bitcoin combines cryptography, networking, mathematics, and economics. Primarily, it is a well-designed monetary network with an effective system for combating token devaluation. This combination makes Bitcoin a unique and powerful asset.
Balancing Economics, Ethics, and Engineering
The integration of economics, ethics, and engineering is seamlessly unified in the Bitcoin system. The interaction of these elements contributes to the asset's uniqueness and robustness.
Currently, #BTC holds more value due to its capped supply of 21,000,000, which is challenging to alter. Bitcoin’s conservative economic principles make it nearly impossible to change its foundational policies and "laws."
Funding Bitcoin Development
Michael advocates for funding developers who aim to improve the Bitcoin protocol rather than those who seek to alter it. Investing in protocol enhancements ensures the stability and growth of the network.
The Problem with Fiat Money
The primary issue with fiat currency is the continuous increase in issuance, leading to devaluation. Bitcoin's fixed supply presents a stark contrast to the inflationary nature of fiat money, highlighting its appeal as a stable asset.