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Although Saylor holds 10 million BTC, Bitcoin remains rock solid – A statement from the author of The Bitcoin Standard
The cryptocurrency market has just received another positive perspective from #SaifedeanAmmous , the author of the famous book The Bitcoin Standard, as he argues that even in the most extreme scenarios, Bitcoin cannot be manipulated.
Specifically, Saifedean assumes that if #MichaelSaylor and Strategy company own up to 10 million BTC – nearly half of the supply, this does not mean Bitcoin is under threat. Because if Saylor were to do anything detrimental to the ecosystem, such as proposing to increase the BTC supply, the value of the assets he holds would also drop significantly, making such an action financially irrational.
Moreover, he emphasizes that Bitcoin in funds like Strategy or BlackRock's ETF is essentially an asset belonging to shareholders and investors. If these institutions behave incorrectly, the owners will sell their shares or withdraw capital to other channels, creating a self-balancing market mechanism that protects users.
This viewpoint reinforces the belief that Bitcoin is a robust decentralized system, not easily disrupted by any individual or organization. That is why Bitcoin is considered a long-term store of value, even when the market is volatile. #anhbacong
Risk Warning: The cryptocurrency market always carries risks and high volatility. The content of this article is not investment advice. Readers need to conduct thorough research before making financial decisions.
The cryptocurrency market has just received another positive perspective from #SaifedeanAmmous , the author of the famous book The Bitcoin Standard, as he argues that even in the most extreme scenarios, Bitcoin cannot be manipulated.
Specifically, Saifedean assumes that if #MichaelSaylor and Strategy company own up to 10 million BTC – nearly half of the supply, this does not mean Bitcoin is under threat. Because if Saylor were to do anything detrimental to the ecosystem, such as proposing to increase the BTC supply, the value of the assets he holds would also drop significantly, making such an action financially irrational.
Moreover, he emphasizes that Bitcoin in funds like Strategy or BlackRock's ETF is essentially an asset belonging to shareholders and investors. If these institutions behave incorrectly, the owners will sell their shares or withdraw capital to other channels, creating a self-balancing market mechanism that protects users.
This viewpoint reinforces the belief that Bitcoin is a robust decentralized system, not easily disrupted by any individual or organization. That is why Bitcoin is considered a long-term store of value, even when the market is volatile. #anhbacong
Risk Warning: The cryptocurrency market always carries risks and high volatility. The content of this article is not investment advice. Readers need to conduct thorough research before making financial decisions.
🟠💊Saifedean Ammous – Economist and Author💊🟠
Saifedean Ammous is an economist and the author of "The Bitcoin Standard" a highly influential book that advocates for Bitcoin as the future of money.
Bitcoin Advocacy
Ammous is a leading Bitcoin maximalist who argues that Bitcoin is the best store of value and that it provides a sound monetary system free from inflationary policies and central bank manipulation. His book has played a pivotal role in shaping the understanding of Bitcoin as an alternative to fiat currencies.
Influence in the Crypto Space
Ammous is a highly respected figure in the Bitcoin community. His writings and lectures have influenced both new Bitcoin enthusiasts and seasoned investors, solidifying his position as a thought leader in Bitcoin's economic and philosophical discussions.
Public Advocacy
Ammous frequently speaks on Bitcoin’s economic principles, emphasizing its sound money qualities over traditional fiat currencies. He promotes Bitcoin's resistance to inflation and decentralization as key advantages in creating a fair and sustainable global financial system.
Bitcoin as the Best Store of Value
Ammous argues that Bitcoin’s fixed supply makes it superior to gold, the current store of value. He highlights Bitcoin's digital scarcity and censorship resistance as critical qualities that make it the ultimate solution for the global monetary system.
Long-term Commitment
Ammous is committed to the idea that Bitcoin will eventually replace fiat currencies and centralized banking systems, restoring financial sovereignty to individuals around the world.
In short, Saifedean Ammous is a Bitcoin maximalist whose work in promoting Bitcoin as a sound monetary system has made him a key figure in Bitcoin’s economic and philosophical circles.
#CryptoNews #SaifedeanAmmous $BTC
Saifedean Ammous is an economist and the author of "The Bitcoin Standard" a highly influential book that advocates for Bitcoin as the future of money.
Bitcoin Advocacy
Ammous is a leading Bitcoin maximalist who argues that Bitcoin is the best store of value and that it provides a sound monetary system free from inflationary policies and central bank manipulation. His book has played a pivotal role in shaping the understanding of Bitcoin as an alternative to fiat currencies.
Influence in the Crypto Space
Ammous is a highly respected figure in the Bitcoin community. His writings and lectures have influenced both new Bitcoin enthusiasts and seasoned investors, solidifying his position as a thought leader in Bitcoin's economic and philosophical discussions.
Public Advocacy
Ammous frequently speaks on Bitcoin’s economic principles, emphasizing its sound money qualities over traditional fiat currencies. He promotes Bitcoin's resistance to inflation and decentralization as key advantages in creating a fair and sustainable global financial system.
Bitcoin as the Best Store of Value
Ammous argues that Bitcoin’s fixed supply makes it superior to gold, the current store of value. He highlights Bitcoin's digital scarcity and censorship resistance as critical qualities that make it the ultimate solution for the global monetary system.
Long-term Commitment
Ammous is committed to the idea that Bitcoin will eventually replace fiat currencies and centralized banking systems, restoring financial sovereignty to individuals around the world.
In short, Saifedean Ammous is a Bitcoin maximalist whose work in promoting Bitcoin as a sound monetary system has made him a key figure in Bitcoin’s economic and philosophical circles.
#CryptoNews #SaifedeanAmmous $BTC
🟠💊What Is a Bitcoin maximalist❓️
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoin’s future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Here’s a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoin’s future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Here’s a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
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