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Bitcoin is...
An individual determines what it means to them. This is a list of what it is.
21 Rules of ₿itcoin by Michael Saylor
1. Those who understand buy Bitcoin.
2. Those who don’t, criticize Bitcoin.
3. Everyone is against Bitcoin before they are for it.
4. You will never be done learning about Bitcoin.
5. Bitcoin is powered by chaos.
6. Bitcoin is the only game in the casino that we can all win.
7. Bitcoin is the one thing in the universe that you can truly own.
8. Everyone gets Bitcoin at the price they deserve.
9. Only buy Bitcoin with the money you can’t afford to lose.
10. Tickets to escape the matrix are priced in Bitcoin.
11. Bitcoin insight is restricted to those with a need to know.
12. All your models will be destroyed.
13. The cure to economic ill is the orange pill.
14. Be for Bitcoin, not against Fiat.
15. Bitcoin is for everyone.
16. Learn to think in Bitcoin.
17. You don’t change Bitcoin, it changes you.
18. Laser eyes protect you from endless lies.
19. Respect Bitcoin, or it will make a clown out of you.
20. You do not sell your Bitcoin.
21. Spread Bitcoin with love.
Bitcoin is the world’s most advanced monetary engineering
🛟Mon Apr 28th 2025 4:18 pmsa
“Chairman Crapo, Ranking Member Brown, members of the committee, thank you for the opportunity to speak with you today. My name is Peter Van Valkenburg, and I'm the Director of Research at Coin Center, an independent non-profit focused on the public policy issues affecting cryptocurrency and public blockchain networks. What is Bitcoin. Bitcoin is the world's first cryptocurrency, and it works because of the world's first public blockchain network. What does Bitcoin do. It's simple. It lets you send and receive value to and from anyone in the world using nothing more than a computer and an internet connection. Now why is it revolutionary. Because unlike every other tool for sending money over the internet, it works without the need to trust a middleman. The lack of any corporation in between means that Bitcoin is the world's first public digital payments infrastructure. And by public, I simply mean available to all and not owned by any single entity. Now we have public infrastructure for information, for websites, for email.
It's called the internet. But the only public payments infrastructure that we have is cash, as in paper money. And it only works in face-to-face transactions. Before Bitcoin, if you wanted to pay someone remotely over the phone or the internet, then you could not use public infrastructure. You would rely on a private bank to open their books and add a ledger entry that debits you and credits the person you're paying. And if you both don't use the same bank, well, then there'll be multiple banks and multiple ledger entries in between. With Bitcoin, the ledger is the public blockchain. And anyone can add an entry to that ledger, transferring their Bitcoins to someone else. And anyone, regardless of their nationality, race, religion, gender, sex, or creditworthiness, can for absolutely no cost create a Bitcoin address in order to receive payments digitally. Bitcoin is the world's first globally accessible public money. Is it perfect. No. Neither was email when it was invented in 1972. Bitcoin's not the best money on every margin. It's not yet accepted everywhere. It's not used often to quote prices. And it's not always a stable store of value. But it is working. And the mere fact that it works without trusted intermediaries is amazing. It's a computer science breakthrough. And it will be as significant for freedom, prosperity, and human flourishing as the birth of the Internet. And Bitcoin is just the beginning. If we can replace private payments infrastructure,.
🛟Tue May 13th 2025 6:27 amsa
Bitcoin is both a risk-off and risk-on asset. It’s an asset you use to both grow your wealth and preserve your wealth. It’s an asset that is not country-specific.
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