@JoshMandell6 The majority of people are missing the principle that over leveraged, single actors are primarily what bitcoin is the antithesis of. This sounds like MSTR essentially wants to become the Fed of BTC and use individual investors' dilution as a means (tax) to achieve said
@JoshMandell6 The majority of people are missing the principle that over leveraged, single actors are primarily what bitcoin is the antithesis of. This sounds like MSTR essentially wants to become the Fed of BTC and use individual investors' dilution as a means (tax) to achieve said
Ezra: Even if that's true, if Bitcoin were made by someone who had control over it, if the ownership structure were different, they would try to change that sooner.
Ezra Klein • Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
But what if bad actors have no interest in seeing bitcoin succeed? What if their whole motivation is to bring the system down, not to profit from bitcoin investments?
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
JPMorgan Chase’s Jamie Dimon (“It’s a fraud”), Berkshire Hathaway’s Warren Buffett and Charlie Munger (“It’s rat poison”), and Paul Krugman of Princeton and the New York Times (“It’s evil”) were just the kind of “aging white men” whom Marc Andreessen dissed as dependably wrong about technology “almost 100 percent of the time.”
George Gilder • Life After Google
But all the money that had piled up in Mt. Gox and MyBitcoin suggested that even among the small group who had chosen to buy Bitcoin, many people were not actually interested in having total control over their own money.
Nathaniel Popper • Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
The essence of Bitcoin is to have sound money separate from the state, yet verifiable by anyone
Jack Dorsey • The ₿ Word Bitcoin As A Tool For Economic Empowerment LIVE
From 2019 on, he only spoke of FTX. He thought FTX was the only real threat to his position.” A threat in which he was, weirdly, the second-largest shareholder, after Sam.