Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
Can I help you build a website?
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
Because Satoshi went and took out bitcoin.org.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And he's like, yeah, I can use some help.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
I'll pay you in Bitcoin.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
But what I could really use help is I'd like somebody else to be mining all the time so that I know there's at least two people mining all the time.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And, you know, Hal Finney also, you know, started mining a few days later.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
But if you look at the number of wallets, I mean, a year into Bitcoin, there was less than 100 people mining.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
Wow, that's it?
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
That's it.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
Because it just was not very well publicized.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
You know, there wasn't any foundation.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
There wasn't any PR firm.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
You know, there was just Satoshi saying, you know, this is going to change the world.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And, you know, if you believe it, I mean, he has a famous...
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
saying, where he was trying to explain, he said, if you don't believe it or don't get it, I'm sorry, I don't have enough time to explain it to you.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And it's just like, there's another saying that was not by him, which is that people get Bitcoin at the price that they deserve.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
So the people who learned about it really early and got it and kept it, I mean, they're billionaires now.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
I mean, you have 10,000 Bitcoin, do the math.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And when it gets a million dollars, you have 1,000 Bitcoin, then you're a billionaire.
Digital Social Hour
Michael Terpin: What Billionaires Arenât Telling You About Bitcoinâs Next Cycle | DSH #1622
And so the effect of all these extremely wealthy people who were like bartenders and, you know, just, you know, crypto anarchists or like, you know, libertarians who put, you know, a hundred dollars into Bitcoin when it was a nickel or put a thousand dollars at a dollar and had the fortitude to hold no matter what.