@saylor
“Yesterday I was clever, so I wanted to change the world. Today I am wise, so I am changing myself.” - Rumi on #Bitcoin
@saylor
Stocks, Bonds, & Real Estate are all fiat instruments that derive their value from the future stream of cash flows, discounted by the rate of monetary expansion + risk premium. They all fail as a store of value unless they can grow cash flows faster than the Fed can print money.
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