Saylors fatal flaw is that he sees money as being "digital credit" and in order for it to be credit there must be a debt market. I believe most bitcoiners think bitcoin itself is money and there is no need for debt markets. In the Saylor world banks and usury exists, in the bitcojners world you are your own bank. Crossroads.

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Saylor is not retarded. He knows that Govs/ruling class will never concede on credit creation. Never. If #Bitcoin can be irreversibly integrated into the N+1 financial system as collateral, then it will also end up being used for settlement amongst the world's elite. Saylor's contribution should be contextualized within the greater story of #Bitcoin adoption. That brings us to the final hurdle: providers of goods and services accepting #Bitcoin directly, and the privacy tech necessary to allow for that safely. Saylor is delivering #Bitcoin into the ruling class in a way that it can *never* be rejected and will only grow to consume more and more of the financial universe. What have you delivered? View quoted note →