When he says, I will never own bitcoin, may imply that every dime he makes will go back into the company. This can be a good positive feedback loop to grow equity. It may be a good strategy for entrepreneurs to grow their business on paper, but in a practical case most companies need a reserve.
I think a good analogy is solar panels vs a battery. He is saying I will have so many solar panels that I don't need a battery.
Of course some batteries loose their charge more than others.
But his central point is that bitcoin has no yield, and that is what the video is addressing.
A battery is not a solar panel.
Right.
I sort of follow what you're saying here, but I meant what does the clip of Saylor and Saif, as well as your comment below it, have to do with the original video?
I understood the original video, but not your response to itπ
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Saylor can't cope with the fact that his battery is not a solar panel. He is saying, look how I wired it up. I'm getting a yield, 5% risk free. And Saifedean is projecting out into the future explaining that this will eventually end and people will have to work for their money.
Using a battery analogy, Saylor is transferring energy from the fiat battery to the bitcoin battery because the bitcoin battery holds its charge better.
Saifedean is saying, yes, but eventually you are going to need to hook up some solar panels when fiat runs out of juice.
Okay.. I sort of follow you here. Again.
But I understood that video too. I tried asking you to explain what the link is between the video posted by nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u and your comment. You replied to it with the video of Saylor and Said, and I still do not get why you did thatπ¬.
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