In his keynote at BTC Prague, MicroStrategy CEO Michael Saylor articulated a vision of Bitcoin as the world’s first perfect money, a profound innovation with the potential to reshape economic and political systems globally. Drawing parallels to historic scientific revolutions, Saylor positioned Bitcoin as a disruptive economic force, ushering in a new era of financial insight.
Saylor’s presentation was more like a sermon than a keynote, reminiscent of a church pastor preaching to his flock about salvation. Unlike a religious leader, Saylor’s sermon was focused on reaffirming and encouraging the audience to believe in Bitcoin, not god, not himself, not his company, a cultural personality, nor anything other than the self-sovereignty and “perfection” of Bitcoin. One of his closing lines concerning those who sell Bitcoin was,
“Satoshi forgive them; they know not what they do.”
Saylor introduced a concept he termed “21 Rules of Bitcoin.” While he acknowledged the subjective nature of these rules, he framed them as guiding principles for understanding and embracing Bitcoin. According to Saylor, those who comprehend Bitcoin invariably choose to invest in it, while those who do not understand it tend to criticize it. This dichotomy emphasizes a fundamental paradigm shift where traditional perspectives on money and value are challenged.
Michael Saylor’s 21 Rules of Bitcoin
- Those who understand Bitcoin buy Bitcoin. Those who don’t criticize Bitcoin.
- Everyone is against Bitcoin before they are for it.
- You know you grasp Bitcoin when you know you’ll never fully understand Bitcoin. You’ll never be done learning about Bitcoin.
- Bitcoin is powered by chaos.
- Bitcoin is the only game in the casino where we can all win.
- Bitcoin won’t protect you if you don’t wear the armor.
- Bitcoin is the one thing in the universe that you can truly own.
- Everyone gets Bitcoin at the price they deserve.
- Only buy Bitcoin with the money you can’t afford to lose.
- Tickets to escape the matrix are priced in Bitcoin.
- Bitcoin insight is restricted to those who need to know.
- All your models will be destroyed.
- The cure for the economic ill is the orange pill.
- Be for Bitcoin, not against fiat.
- Bitcoin is for everybody.
- Learn to think in Bitcoin.
- You don’t change Bitcoin; it changes you.
- Laser eyes protect you from endless lies.
- Respect Bitcoin, or it will make a clown out of you.
- Do not sell your Bitcoin.
- Spread Bitcoin with love.
One of Saylor’s key points was the intrinsic value of…
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