Michael Saylor said people thought he was crazy for buying Bitcoin, but loook at him now.
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People thought we were Crazy… The perception of Bitcoin.
Satoshi is gone walked away and the thing didn’t even monetize until pizza day eighteen months later I think that it can’t be ethical it can’t be ethical money and global money unless it’s a commodity It’s easy to create a security You can create a million securities You can spend them up in three hours It’s hard to create a commodity because the miracle of Bitcoin was we released something to the hobbyist that’s worthless And then on pizza day a year and a half later someone wants to pay a fraction of a penny for it and it spontaneously monetizes That’s never happened in the history of the world It may never happen again And Satoshi is not necessary it’s not relevant and it’s an open source protocol.
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– Full Video:
In this episode, recorded during the 2024 Abundance360 Summit, Peter and Michael discuss why Bitcoin will never fail, how to invest in Bitcoin, and the future of cryptocurrencies.