21 keys to achieve wealth with bitcoin, according to Michael Saylor
This week has been a wait to know what a few decide for many, when this universe was created exactly so that this would not happen in that way and here we are again depending on centralization, what a disappointment!!
Let's get to what we came for...
14. Capitalization
For Saylor, capitalization is an relentless process, repeated at speed. "Speed composes wealth," he stated.
He gave a concrete example: you create a hotel, sell 10%, buy bitcoin, the value goes up. Sell another 20%, buy more bitcoin, it keeps going up. You take a loan, buy bitcoin, and so on.
"You have cash flow: buy bitcoin. You have assets in treasury: buy bitcoin. You have a house without a mortgage: borrow at 6% and invest at 20%." And you repeat. "Whoever has more bitcoin at the end of the game, wins."