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Strategy World & Corporate Adoption
It's catching on.
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🟧 Strategy World & Corporate Adoption
Every year, Michael Saylor, the poster-child for corporate Bitcoin adoption, hosts a conference to spread ideas around corporate adoption. This year's Strategy World conference included many exciting announcements.
Michael Saylor started by deciding he would rather hold Bitcoin than dollars on his company's balance sheet, and over the few years since making that decision, the strategy has evolved into an ultra-aggressive Bitcoin acquisition mission, centered around the issuance of traditional financial instruments, like company stock and debt, to raise money to buy Bitcoin.
The array of instruments offered by Saylor's company, Strategy, to satisfy different investors with their different risk profiles and objectives, came from...ChatGPT?!
Saylor explains in this 3 minute video how AI helped him devise his strategy and the company's financial offerings:
Among the big announcements was Strive Asset Management announcing their strategy for aggressively acquiring Bitcoin - acquire companies with sizable cash positions trading at a discount, use the cash to acquire Bitcoin, and run the Saylor strategy within those companies
Companies in India and the UK have announced their adoption of Bitcoin as well, highlighting the global nature of this phenomenon.
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David Bailey🇵🇷 $1.0mm/btc is the floor
@DavidFBailey
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10:2 AM • May 8, 2025
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🏆 Why Bitcoin?
Because scarcity. In a world where new units of national currencies flood the markets daily, these companies have recognized the opportunity: get as much of the abundant, ever-cheapening currencies as possible by any means available, and convert it into the thing no one can make more of.
More scarce than gold - that is meaningful. But also, more scarce that crypto aka shitcoins. Bitcoin continues to increase in value relative to the entire crypto market.
đź’¸ And Payments!
Scarcity is cool, but scarce plus useful in transactions as means of payment is an unprecedented combo that many still fail to appreciate. The companies cited above certainly appreciate it, as does Steak n Shake, who announced that their nearly 400 locations will all accept Bitcoin as payment by the end of this week!
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8:9 PM • May 8, 2025
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🔥 It's Catching On
In the early day, Satoshi said -
It certainly appears to be catching on
Have a great week, my friends!
Bill
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PS
If you haven't already, check out Swan's free Welcome to Bitcoin course. In one hour of high quality video content, Natalie Brunell covers the essentials of Bitcoin - the things you need to understand about its role in the world. You can enroll in the course at https://swan.com/welcome, or watch the first 15 minute video on YouTube: https://www.youtube.com/watch?v=sZvhLDWjD_I&t=44s
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Another great place to start is a 40 minute video called "What's the Problem", motivated by the notion that we can't understand the solution (ie Bitcoin) if we don't really understand the problem it solves. The video is on YouTube:
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Feeling a little more than casual? Want to dive in deeper?
Here is a list of resources to take the next step with your personal Bitcoin learning journey:
Books:
- ​The Genesis Book - Bitcoin didn’t come out of nowhere; intellectual movements in economics and cryptography converge after decades of development in each, the result being Bitcoin. This book details Bitcoin’s prehistory, and is my favorite Bitcoin book
- ​Inventing Bitcoin - a narrative, progressive approach to building Bitcoin as a superior money, one feature at time, to help the reader understand how features of Bitcoin solve problems of money. *FREE* ebook download
- ​Gradually Then Suddenly - a clear, logical walkthrough, understandable by beginners, of the case for Bitcoin as money - how the technology works conceptually, how and why it will win, and why this is good for the world
- ​The Price of Tomorrow: Why Deflation is the Key to an Abundant Future - not a book about Bitcoin per se, but this book and this author are some of the most popular in the space. The book explains the roles of technological advancement and inflation/deflation in creating scarcity/abundance in society
- ​The 7th Property: Bitcoin and the Monetary Revolution - takes an accessible, casual tone to the topics of monetary economics, the history of central banking in the West, and how Bitcoin works
- ​The Bitcoin Standard: The Decentralized Alternative to Central Banking - the most popular book in Bitcoin, this book takes a relatively academic lens to the same topics as the 7th Property, with a significantly lighter treatment of Bitcoin itself
- ​A Progressive's Case for Bitcoin: A Path Toward a More Just, Equitable, and Peaceful World - imo not necessarily the best book on the list, but a thorough exploration of the ways that, even apart from what economic theory tells us about sound money's contribution to societal prosperity, Bitcoin makes for a better world
- ​Check Your Financial Privilege: Inside the Global Bitcoin Revolution - a compilation of essays by Human Rights Foundation's Alex Gladstein about the role that Bitcoin will play in liberating a world where more than 50% of people live under tyrants.
Podcasts:
- ​What Bitcoin Did - The most popular show with the most popular guests, topics range from developments in Bitcoin, the Bitcoin community, macroeconomics, and politics
- ​Preston Pysh - Covers the same topics with similar guests as What Bitcoin Did, though a little more technically advanced
- ​High Hash Rate - Very casual conversations about Bitcoin and Bitcoiners, usually making interesting connections to other areas of life and society. The connection-making is likely facilitated by the fact that the hosts are often high for the show
- ​Swan Signal - Covers recent developments in Bitcoin, leaning more toward markets and price action
Youtube Channels:
- ​Bitcoiner University - 10 minute videos deep diving on specific topics in Bitcoin and in relevant current events
- ​BTC Sessions - Perhaps the most important resource on this list, BTC Sessions does video tutorials on how to use Bitcoin and different Bitcoin tools like hardware wallets, running a Bitcoin node, etc
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