{"id":48014,"date":"2025-02-24T08:28:54","date_gmt":"2025-02-24T08:28:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/21-rules-of-bitcoin-by-michael-saylor\/"},"modified":"2025-02-24T08:28:54","modified_gmt":"2025-02-24T08:28:54","slug":"21-rules-of-bitcoin-by-michael-saylor","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/21-rules-of-bitcoin-by-michael-saylor\/","title":{"rendered":"21 Rules of Bitcoin by Michael Saylor"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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In 2024 Michael Saylor shared his 21 rules for Bitcoin. These are his personal insights and might not align with everyone\u2019s perspective. Bitcoin has different aspects that resonate uniquely with each individual. We thought it would be fun to go through these rules, share our thoughts, and elaborate a bit more on them.<\/p>\n

First, some background on Michael Saylor.<\/p>\n

Michael Saylor is the former CEO and current Chairman of MicroStrategy, a company famously known for being the first to fully embrace Bitcoin<\/a>. Originally, MicroStrategy, a business intelligence company, was involved in IT and Artificial Intelligence, but in 2020, they pivoted to a Bitcoin strategy, using all their resources to buy Bitcoin. They even took out loans and issued extra shares to acquire more Bitcoin.<\/p>\n

Saylor himself owns around 15,000 Bitcoins and is the founder, owner, and major shareholder of MicroStrategy, which recently got rebranded to \u2018Strategy<\/a>\u2018. As of February 2024 the company currently holds over 450,000 Bitcoins, about 2% of the total supply. Saylor is now a prominent speaker on Bitcoin, regularly appearing in mainstream financial media, alternative media, and Bitcoin-specific outlets.<\/p>\n

Now, here are Michael Saylor\u2019s 21 rules of Bitcoin<\/strong>:<\/p>\n

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177% up to 5BTC + 77 Free Spins<\/strong>!<\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Rule 1: Those Who Understand Bitcoin Buy Bitcoin<\/h2>\n

Those who understand Bitcoin buy Bitcoin; those who don\u2019t, criticize it. If you truly understand Bitcoin, you can\u2019t help but buy it. Critics often lack this understanding and view Bitcoin with skepticism.<\/p>\n

Rule 2: Everyone is Against Bitcoin Before They Are For It<\/h2>\n

Everyone is against Bitcoin before they support it. Initially, people might dismiss Bitcoin, but as they dig deeper, they start to see its value and benefits.<\/p>\n

Rule 3: You Grasp Bitcoin When You Know You\u2019ll Never Fully Understand It<\/h2>\n

You know you grasp Bitcoin when you realize you\u2019ll never fully understand it. There\u2019s always more to learn about Bitcoin, whether it\u2019s the technology, economics, or societal impacts.<\/p>\n

Rule 4: Bitcoin is Powered by Chaos<\/h2>\n

Bitcoin thrives in chaos. The randomness and vast possibilities of private keys contribute to Bitcoin\u2019s security. This chaos ensures its resilience and decentralization.<\/p>\n

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Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Rule 5: Bitcoin is the Only Game in the Casino Where We All Can Win<\/h2>\n

Bitcoin is the only game in the casino where everyone can win. Unlike traditional financial systems where the house always has an edge, Bitcoin offers a fair playing field for all participants.<\/p>\n

Rule 6: Bitcoin Won\u2019t Protect You if You Don\u2019t Wear The Armor<\/h2>\n

Bitcoin won\u2019t protect you if you don\u2019t wear the armor. You need to be fully committed to Bitcoin to reap its protective benefits. Partial investment won\u2019t shield you from financial instability.<\/p>\n

Rule 7: Bitcoin is the Only Thing in the Universe That You Can Truly Own<\/h2>\n

Bitcoin is the only thing you can truly own. Unlike physical assets that can be seized or restricted, Bitcoin, secured by your private key, is genuinely yours.<\/p>\n

Rule 8: Everyone Gets Bitcoin at the Price They Deserve<\/h2>\n

Everyone buys Bitcoin at the price they deserve. Your understanding and timing influence the price you pay for Bitcoin. The sooner you grasp its value, the better the price.<\/p>\n

Rule 9: Only Buy Bitcoin with the Money You Can\u2019t Afford To Lose<\/h2>\n

Buy Bitcoin with money you can\u2019t afford to lose. Saylor flips this conventional wisdom, suggesting that Bitcoin should be a primary, not speculative, investment.<\/p>\n

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5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n

New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Rule 10: Tickets to Escape The Matrix are Priced in Bitcoin<\/h2>\n

Tickets to escape the Matrix are priced in Bitcoin. Bitcoin offers a way out of the traditional financial system, providing freedom and control over your wealth.<\/p>\n

Rule 11: Bitcoin Insights are restricted to those who need to know.<\/h2>\n

This means that knowledge and insights about Bitcoin are limited to those who actually need it. People at the top of the Cantillon effect, such as politicians with significant power or leaders of major banks, don\u2019t need to understand Bitcoin. These individuals already have it good and will continue to do so because they never lack money in fiat terms due to the Cantillon effect. Only those who need it will learn about Bitcoin and understand why it\u2019s necessary.<\/p>\n

Cantillon Effect Explained<\/h3>\n

Let\u2019s explain the Cantillon effect here to clarify: in the current fiat system, it refers to those close to the money creation benefiting first. The newly created money benefits those near the source before inflation trickles down, allowing them to profit more than others. What\u2019s interesting here is that often it\u2019s said you need significant wealth to invest in Bitcoin. However, this rule shows that those who need to save and protect their value are the ones who understand and embrace Bitcoin quickly, unlike those who thrive in the current system.<\/p>\n

Rule 12: All Your Models Will Be Destroyed<\/h2>\n

This doesn\u2019t just apply to financial models but also political ones. All the models we currently know will break. Think of it like the \u201cthere is no spoon\u201d analogy from The Matrix. Once you dive into Bitcoin, many other aspects of the world and financial system become clear, and old models collapse.<\/p>\n

Rule 13: The Cure for the Economic Ill is the Orange Pill<\/h2>\n

Bitcoin is the cure for the current fiat system\u2019s problems. This analogy to The Matrix shows that Bitcoin is the solution to the economic issues we face today.<\/p>\n

Rule 14: Be for Bitcoin, Not Against Fiat<\/h2>\n

If Bitcoin is as good as we believe, there\u2019s no need to fight the current system. Highlight Bitcoin\u2019s benefits rather than attacking fiat currency.<\/p>\n

Rule 15: Bitcoin is for Everyone<\/h2>\n

Bitcoin is accessible to everyone, including those you might see as political or personal adversaries. There\u2019s no third party deciding who can or cannot use Bitcoin.<\/p>\n

Rule 16: Learn to Think in Bitcoin<\/h2>\n

Stop thinking in fiat terms. When you start seeing Bitcoin as the standard, you\u2019ll be more critical of your investments.<\/p>\n

Rule 17: You Don\u2019t Change Bitcoin; It Changes You<\/h2>\n

Bitcoin changes your perspective, your thinking, and your approach to life. You won\u2019t change Bitcoin, but it will definitely change you.<\/p>\n

Rule 18: Laser Eyes Protect You from Endless Lies<\/h2>\n

The meme of laser eyes symbolizes focus on Bitcoin. This focus helps you stay away from scams and misinformation.<\/p>\n

Rule 19: Respect Bitcoin, or It Will Make a Clown Out of You<\/h2>\n

If you don\u2019t respect Bitcoin, you risk making a fool of yourself. Many who tried to change or discredit Bitcoin have ended up looking foolish.<\/p>\n

Rule 20: Do Not Sell Your Bitcoin<\/h2>\n

Don\u2019t sell your Bitcoin, especially not to big players or governments. Keep it as a hedge against the fiat system.<\/p>\n

Rule 21: Spread Bitcoin with Love<\/h2>\n

Spread the word about Bitcoin with love and patience. If you\u2019ve talked to someone about Bitcoin, it means you care about them. Be kind and supportive as they learn.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) In 2024 Michael Saylor shared his 21 rules for Bitcoin. These are his personal insights and might not align with everyone\u2019s perspective. Bitcoin has different aspects that resonate uniquely with each individual. We thought it would be fun to go through these rules, share our thoughts, […]<\/p>\n","protected":false},"author":5,"featured_media":48015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48014"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48014"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/48015"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}