‹ Notes

Saylor's Bitcoin thesis

Takes on Bitcoin:

  • bitcoin is clean money
    • society has improved by clean energy, clean water, clean food.
    • bitcoin allows companies to live longer.
    • the half life of money in gold is 30 years. gold debases at 2% / year. the half-life of bitcoin is infinite. bitcoin doesn’t debase.
  • bitcoin is better than gold.
    • gold supply can increase - ie. new reserves (1600’s)
    • bitcoin supply can never be inflated
  • bitcoin is purely digital
    • can be split
    • unlike gold bars which are melted down and remade.
  • 1000’s of examples of currency collapse and economic misery