Live or die based on Bitcoin

For Peter Schiff, a respected economist and financial advisor, bitcoin (the token) IS NOT digital gold. Even ChatGPT appears to agree with his analysis! On the contrary, for Michael Saylor, Executive Chairman of MicroStrategy, bitcoin IS digital capital, and he is willing to bet his financial future on its success. For him, Bitcoin (the network) is fundamentally a store of value and, accessorily, a payment system. Bitcoin Core is an Operating System that guarantees the irreversibility, the incorruptibility and the confidentiality of peer-to-peer transactions in a decentralized (network-based) environment. It’s a mathematically elegant computer code – software – aimed at deciding which blockchain contains valid transactions. I believe that Michael Saylor is right! The need for irreversible, incorruptible and confidential transactions is real in a world of uncertainty, excessive debt and monetary debasement. If Bitcoin had to fail – a possibility even if its current valuation is well above one Trillion dollars –, a similar technology would inevitably appear on the world stage. That’s why I am sharing my summary of Saylor and Chhugani’s Bitcoin Crash Course and Digital Gold Rush Presentation.