George Mekhail
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, you know, they're the largest corporate holder of Bitcoin.
They almost own as much Bitcoin as what's estimated to be in Satoshi's wallet.
Wow.
And so I think it's a good thing.
And, you know, the criticisms of corporations buying too much Bitcoin are like, they often sound like, oh, they're not going to leave enough for the little guy or whatever.
But the counter argument to that is the more adoption, the better, right?
Like the best thing that can happen for Bitcoin is that the value goes up.
It's pretty, it sounds pretty like simplistic to say, but if you really think about it, like that's what we need to happen in order.
That's what makes people interested, right?
We don't have, because it's a fully decentralized asset, we don't have a marketing team that can sort of
run a campaign and encourage you to buy Bitcoin or even educate you about Bitcoin.
That's why Bitcoin education isn't great.
It's because there's no one that's really directly incentivized to take the lead on spearheading education.
So, yeah, I don't worry about it.
The other thing is when you have a fixed asset, a fixed supply asset, you know, Saylor and team know that if they buy, you know, if they start accumulating more than let's say 10%, they're going to start eroding the value of their own asset.
How so?
Well, because if you โ let's say they owned all the Bitcoin.
Well, then it's not going to be worth anything.
Right.
Right?