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WCP: Michael Saylor - "Bitcoin is Hope"

  • Broadcast in Education
Faheem Shuaibe

Faheem Shuaibe

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WDM: The reality of Money [as more than a paper token] is tied to “a respect for science”.

  1. 1BTC = Status Symbol (Veblen Good)
  2. 1BTC = 3/1000 richest in the world (0.003). This makes you an “Ultra-High Net worth” individual (have + $30 million in assets) which, currently, means that you are a shareholder in 11.3% of (all) global wealth.
  3. 0.28 = 1%’er in a bitcoin world (regardless of the “price of BTC”)

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