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Topic: 21 Truths about Bitcoin: By Michael Saylor (Read 215 times)

LDL (OP)

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21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 07:19:48 PM

We receive various motivational advice, suggestions, and decisions in life, but the owner of MSTR has presented 21 true quotes for us on the subject of Bitcoin. Although we have heard important and influential statements about Bitcoin at various times. Today, I will share with you 21 important truths about Bitcoin from MS.
Which of you would you present with the most plausible argument for which true statement?

21 Truths of Bitcoin

1. Bitcoin is an Ideology.
2. Bitcoin is a Protocol.
3. Bitcoin is an Asset.
4. Bitcoin is a Network.
5. Bitcoin is Immaculate.
6. Bitcoin is Ethical.
7. Bitcoin is a Commodity.
8. Bitcoin is a Digital Commodity.
9. Bitcoin is Digital Scarcity.
10. Bitcoin is Digital Gold.
11. Bitcoin is Digital Money.
12. Bitcoin is Perfect Money.
13. Bitcoin is Legitimate.
14. Bitcoin is Corporate.
15. Bitcoin is Global.
16. Bitcoin is Immortal.
17. Bitcoin is Digital Energy.
18. Bitcoin is a Digital Energy Network.
19. Bitcoin is a Digital Economic System.
20. Bitcoin is a Digital Defense System.
21. Bitcoin is an Emerging Star System.

By Michael Saylor

Source: MS's x account

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Joy- maker

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 08:00:41 PM

Exactly bitcoin is all the 21 things listed above and am adding one to the list making it 22 bitcoin is the future.

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 08:20:40 PM

One of the most important points for me is number 15 = Bitcoin is Global. The whole world can deal with Bitcoin, exchange values and that in a few seconds, without a third party. The points 11-12 could been in one point, but I think number 10 = Bitcoin is Digital Gold is more important. FIAT money can be trade here and there, but I wouldnt want to send bitcoins so often. I really see it more as gold that we can hold and send/use anywhere in the world when we need it. Nobody can stop this, everybody need it.

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 08:29:11 PM

Quote from: LDL on April 17, 2025, 07:19:48 PM

I will share with you 21 important truths about Bitcoin from MS.

I wonder if I can extend this list to 1000+ with the help of AI chatbots Grin

.
Having said that, I will give him credit for limiting the number of so called truths to ''21'' yes! you are right it is because he is addicted to black jack Cheesy

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 09:50:50 PM

Michael Saylor forgot to use the right word or perhaps doesn't realise that the first should be bitcoin is a Swan or a Paradigm.

However the repeated some of the point because he sorts to fit everything in to the 21 million bitcoin in existence hence he claimed it has 21 important truths.

If modified or contrast it's either above or below his 21 truths.

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 09:58:00 PM

I think there are some "truth" on the 21 list that is arguable.

Some of them are:

5. Bitcoin is corporate: this is nullified by the fact that Bitcoin is decentralized. there is no central authority in Bitcoin that deviate it from being corporate.

14. Bitcoin is immaculate: being a technology Bitcoin is far from being perfect or no flaws, that said saying,

12. Bitcoin is Perfect Money is another over statement. Bitcoin being money has still some flaws and if there is even a single flaw, it can't be a perfect money. It maybe developing to be one but it is still early to say that Bitcoin is a perfect money.

16. Bitcoin is immortal: Bitcoin is not self sufficient, it needs internet and machines to operate and machine needs power, once these source dies down, Bitcoin will stop operating so I guess Bitcoin instead of saying immortal is best described as resilient.

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 11:13:30 PM

Well, there are 21 truths for the 21 million Bitcoin supply. That is, one truth has been allocated for every million. Thanks to Michael Saylor for formulating 21 important truths. However, if the supply of Bitcoin had been more than 21 million, Michael Saylor might have made more statements about Bitcoin. Michael Saylor has made all the positive comments about Bitcoin, but he should have made some negative comments as well. The idea that Bitcoin is immortal seems kind of absurd to me. Will Bitcoin ever be extinct?

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 17, 2025, 11:20:30 PM

Quote from: LDL on April 17, 2025, 07:19:48 PM

Michael Saylor is a Bitcoin maximalist but his company has products and revenue related to Bitcoin. This can be main reason for his bias towards Bitcoin and I don't deny great things he did in Bitcoin market because over years since the last market cycle, he and MicroStrategy, rebranded to Strategy months ago, actually has made a lot of own initiatives and consequent massive noise about Bitcoin. It helps bringing Bitcoin to more news and people, then contribute to Bitcoin adoption.

However, I never want to be too dependent in my thinking on Michael Saylor. Like I said before, his thinking can be very biased and if you automatically believe in his words, you won't be able to think independently.

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Re: 21 Truths about Bitcoin: By Michael Saylor

April 18, 2025, 12:06:18 AM

Quote from: serjent05 on April 17, 2025, 09:58:00 PM

Being one of the top investors and serious advocate of Bitcoin, I agree to some truth he's said about Bitcoin, it's everything on that list but not perfect money cause it's currently more of an asset than being used globally by the majority for carrying out day to day transactions, hopefully it would get to that in future but we're not their yet.
I think I agree with him on Bitcoin being immortal cause even though it operates with machines which needs power and Internet, the Internet and machines can't be shutdown totally across the globe, even if your own machines or Internet shuts down, there are millions of people that would still have Internet and machines perfectly working and with that being said Bitcoin would keep operating except the Internet shutdown totally across the globe or machines stop working which might not likely anytime soon, since the world currently needs machines and Internet to survive.

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