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Michael Terpin

đŸ‘€ Speaker
821 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Can I help you build a website?

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Because Satoshi went and took out bitcoin.org.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

And he's like, yeah, I can use some help.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

I'll pay you in Bitcoin.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Wow, that's it?

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

That's it.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Because it just was not very well publicized.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

You know, there wasn't any foundation.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

There wasn't any PR firm.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

And, you know, if you believe it, I mean, he has a famous...

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

I mean, you have 10,000 Bitcoin, do the math.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s 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 Aren’t Telling You About Bitcoin’s 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.