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George Mekhail

๐Ÿ‘ค Speaker
751 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

So, you know, they're the largest corporate holder of Bitcoin.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

They almost own as much Bitcoin as what's estimated to be in Satoshi's wallet.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Wow.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

And so I think it's a good thing.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

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.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

But the counter argument to that is the more adoption, the better, right?

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Like the best thing that can happen for Bitcoin is that the value goes up.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

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.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

That's what makes people interested, right?

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

We don't have, because it's a fully decentralized asset, we don't have a marketing team that can sort of

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

run a campaign and encourage you to buy Bitcoin or even educate you about Bitcoin.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

That's why Bitcoin education isn't great.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

It's because there's no one that's really directly incentivized to take the lead on spearheading education.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

So, yeah, I don't worry about it.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

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.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

How so?

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Well, because if you โ€“ let's say they owned all the Bitcoin.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Well, then it's not going to be worth anything.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Right.

Digital Social Hour
Why Only 21 Million Bitcoin Matters So Much... | George Mekhail | DSH #1916

Right?