The Endless Economic War
If you’re a reader of Lolacoin and you’re interested in Bitcoin, you’ve probably heard of Michael Saylor and MicroStrategy. They are the largest private company that holds Bitcoin on its balance sheet, and Michael Saylor is one of the biggest Bitcoin enthusiasts. So, if you’re starting to doubt Bitcoin, you might want to listen to one of his speeches. I recently listened to his speech about Bitcoin during the BTC Prague event in early June 2023, and here’s what he had to say.
The Key Points
- There has always been an endless economic war that redistributes wealth.
- The most influential actors in this war are governments.
- Technology, such as companies like Google, Apple, Tesla, and AI, is the second most powerful driver of wealth redistribution.
- Work, which means you getting up each morning to go to work, also plays a part in this redistribution.
- Governments have shifted the power to bonds and real estate, so if you want to survive in this world, you need to consider government policies and technology.
My Hot Take
Michael Saylor’s speech highlights the ongoing battle for wealth redistribution and the role that governments, technology, and work play in this war. It’s a reminder that in order to thrive in today’s world, you need to stay informed about government policies and technological advancements. So, whether you’re a Bitcoin believer or not, it’s worth paying attention to the insights shared by influential figures like Michael Saylor.