Michael Goldstein bitstein

The 24 Risks of Equities with Michael Saylor

Introduction

Nik Bhatia: Welcome back to the Bitcoin layer. I'm Nik Bhatia. And today we bring back Michael Saylor. Michael, thank you so much for joining us again.

Michael Saylor: Yeah, awesome to be here, Nik.

Walter Block had a joke he originally gave to a room full of anti-trust lawyers:

First joke is that there are three prisoners in the gulag in the former Soviet Union. The three find out why each of them is there. The first said that he came late to work and was accused of cheating the State out of labor. The second guy said that he came early and was accused of trying to out-compete his comrades. The third guy said that he came to work everyday and exactly on time, and the KGB accused him of owning a Western wristwatch.

Second joke is that there are three prisoners in the U.S. They were all in jail for economic crimes of violating monopoly laws. First guy said that he charged higher prices than anyone else and the government then accused him of price gouging and profiteering. Second guy charged lower prices than anyone else and they accused him of predatory and cutthroat pricing. And the third guy said that he charged the same prices as everyone else and they accused him of collusion and price fixing.

The following is a partial annotated bibliography of SNI Mempool, building the case for why Bitcoin will displace all competing currencies, including altcoins, fiat money, and precious metals:

In terms of monetary policy, Bitcoin is the greatest money the world has ever seen.

"End the Fed: Hoard Bitcoins" by Pierre Rochard
"Fractional Reserve Banking is Obsolete" by Pierre Rochard
"The Bitcoin Central Bank's Perfect Monetary Policy" by Pierre Rochard

Unsurprisingly, Bitcoin has gained substantial popularity, and there is no reason to believe it will not continue to grow. This growth is not merely a bubble.

"Why Bitcoin Will Continue to Grow" by Daniel Krawisz
["How We Know Bitcoin is Not a

Keybase proof

I hereby claim:

I am bitstein on github.
I am bitstein (https://keybase.io/bitstein) on keybase.
I have a public key whose fingerprint is 2CEA 8148 04FC F14D 9C1A E8EA 1EA2 662D EB2F EFBE

To claim this, I am signing this object:

	#!/bin/bash
	CURRENT_BLOCK="$(bitcoin-cli getblockcount)"
	if [ $CURRENT_BLOCK -ge 630000 ]
	then
	SUBSIDY=$(bitcoin-cli getblockstats $CURRENT_BLOCK \| jq '.subsidy')
	SATS_PER_BTC=100000000
	SUBSIDY_BTC=$(bc -l <<< "scale=2; $SUBSIDY / $SATS_PER_BTC")
	echo "HALVING COMPLETE!"
	echo "Current block: $CURRENT_BLOCK"
	echo "Current subsidy: $SUBSIDY_BTC"

	import base64
	import two1.mkt as mkt

	image_url = "http://i.imgur.com/U86mtM1.png"

	chinese_text = mkt.ocr2txt21.detect(image_url=image_url)['text']

	english_text = mkt.translate21.translate(text=chinese_text)['results']

	wavfile = mkt.txt2speech21.en({"text": english_text.strip()})['data']

	#!/usr/bin/env python3
	import json
	import os
	import sys

	# import from the 21 Developer Library
	from two1.commands.config import Config
	from two1.lib.wallet import Wallet
	from two1.lib.bitrequests import BitTransferRequests