BITCOIN

Savers are losers. The dollar is dying. Buy gold, silver, Bitcoin, and real estate. Do not trust the government to protect your money.

I lost six billion dollars in one day in 2000. That experience taught me that the conventional rules of business can destroy you overnight. Bitcoin taught me the alternative.

Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, and growing more powerful as it devours heat.

If you understand Bitcoin, you buy as much as you can and hold it forever. There is no price at which I would sell.

We are in the early innings of institutional Bitcoin adoption. What MicroStrategy did in 2020, every corporation will eventually do.

Cash is trash. Every dollar you hold is losing value. Bitcoin is the only monetary asset that cannot be printed into oblivion.

The most dangerous thing you can do is sit in cash. Inflation is a tax on the lazy. Bitcoin is insurance against that tax.

Bitcoin is great as a form of digital money, but its scripting language is too weak for anything else. That is why I created Ethereum.

I got fired from Facebook after two weeks for telling them their user metrics were misleading. They went on to become one of the most valuable companies in the world. I went on to bet on Bitcoin.

Bitcoin is the most pristine collateral the world has ever seen.

Every single fiat currency in history has gone to zero. Not most of them. All of them.

The question is not whether Bitcoin will succeed. The question is how long it will take.

I have never seen anything in my career with a risk/reward as good as Bitcoin right now.

The key risk is not that Bitcoin goes to zero. The key risk is that you sell it at the wrong time.

Bitcoin is a fiscal and monetary Swiss Army knife.

Gold has been used as money for 5,000 years. Bitcoin has existed for 15. The fact that it is already being taken seriously as a reserve asset is remarkable.

The people who beat me to Bitcoin by five years made more money than me. The people who wait five more years will wish they started today.

The question is not how much Bitcoin is worth. The question is how much your dollars are worth.

All money that can be printed will be printed. That is the iron law of fiat currency.

Sound money is the foundation of civilization. Without it, everything else is rented.

Bitcoin is not an investment. It is the exit.

Bitcoin is a peaceful revolution. It does not need armies. It only needs truth.

Central banking is the root of most societal evil. It is the legalized counterfeiting of money.

Bitcoin is digital gold. Altcoins are digital venture capital. Know which game you are playing.

Bitcoin is the exit. Not just from the dollar but from the entire system that controls it.

Bitcoin is freedom. Cash is a tool the government uses to control you.

First principles thinking applied to money leads you to a very uncomfortable conclusion about fiat currency.

Bitcoin is the exit from a monetary system that punishes savers. That's the simplest way I can put it.

I spent years studying Buffett and Graham. Then I studied monetary history and realized the denominator matters as much as the numerator.

I read the Bitcoin white paper on a Saturday night in 2010 and couldn't sleep for a week. I knew this was going to change everything.

We renamed the company Block because we're not just Square anymore. We're building blocks for economic empowerment.

Bitcoin changes everything. It's the native currency of the internet and it will eventually be the currency of the world.

Every portfolio manager should have some Bitcoin. The asymmetry is remarkable — you could lose 100% of a small position, or you could make ten times your money.

Bitcoin is the most important invention since the internet.

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.

Bitcoin is gold 2.0. It's a better store of value than gold in every way.

Bitcoin is the new gold. It's a better form of gold.

The money printer goes brrr. That is not a meme. That is monetary policy. And Bitcoin is the only asset that cannot be printed.

When the yield curve inverts, when real rates go negative, when governments start doing yield curve control — that is when you buy Bitcoin. The signal is always in the bond market.

Bitcoin is gold 2.0. It does everything gold does — store of value, hedge against inflation, scarcity — but it fits in your pocket and moves at the speed of light.

We put $11 million of our Facebook settlement into Bitcoin at $8. People thought we were insane. At $60,000 a coin, it doesn't look so insane anymore.

Bitcoin will be the native currency of the internet. Everything we are building at Block is designed around that inevitability.

Bitcoin is a demographic mega-trend. Millennials trust math over institutions.

Bitcoin is the best-performing asset of the last decade. At some point, ignoring that becomes intellectual dishonesty.

GBTC was going to convert to an ETF. The discount would close. The math was obvious.

Bitcoin is going to be the currency of choice for the world.

Bitcoin is digital gold. It will eventually hit $500,000.

Governments that embrace Bitcoin will thrive. Those that don't will be left behind.

We invested when Bitcoin was $65. Everyone said we were crazy. We said they were early.

Bitcoin is the biggest macro trade of our lifetime.

The NVT Ratio is Bitcoin's PE ratio. It measures whether the network is overvalued relative to its actual usage.

Before on-chain analytics, Bitcoin analysis was just astrology with candlestick charts. We brought actual data.

When the on-chain data says accumulation and the price says panic — buy. The data is smarter than the crowd.

Every four years, Bitcoin's new supply is cut in half. No other asset in human history has this property. The implications are massive.

Gold has a stock-to-flow ratio of 62. Bitcoin's will eventually exceed 100. The math says that matters.

Bitcoin's price is driven by scarcity. The Stock-to-Flow model captures this relationship with an R-squared of 0.95.

Bitcoin is the best form of money humanity has ever created. Fiat currencies are government IOUs that lose value every single year.

I measure my net worth in Bitcoin. The dollar amount is irrelevant to me.

Bitcoin is not just a better payment system. It's a better money. There's a difference.

I deep down thought it was just a really beautiful idea.

I asked to be paid in Bitcoin. To me it was obvious this was going to be big.

The Bitcoin cost debate is really the Bitcoin value debate. If you find Bitcoin useful, then the energy used to secure it is not waste.

Bitcoin is a synthetic commodity that monetizes energy that would otherwise be wasted, such as stranded hydro and flared gas.

We need to differentiate between Bitcoin and everything else. Bitcoin is unique. There is no other Bitcoin.

If I give my BTC to JPMorgan and get a piece of paper in return, that's no different from the relationship I have with my money today.

Bitcoin maximalism is odd to me because if you believe in Bitcoin, you inherently believe in monetary Darwinism.

Some members of the government believe that, if they want, they can snap their fingers and turn off Bitcoin. They have no idea how the technology works.

Oh, this is big. This is the next revolution of humanity.

Cryptoassets, like gold, are often constructed to be scarce in their supply. Many will be even more scarce than gold and other precious metals.

Bitcoin provides for a maximum of 21 million units by 2140, and it gets there by cutting the rate of supply inflation every four years.

The word blockchain was not mentioned once in Satoshi's 2008 white paper.