Comments by "SAL" (@SAL-fs1mr) on "Michael Saylor: Why Every Nomad Needs Bitcoin" video.

  1. Monero sacrifices auditability of the coin supply to achieve privacy, but no one reasonable will want to store a significant sum of their wealth in a coin that lacks realtime auditability of supply.
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  2. Congrats on doing well in the altcoin casino.
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  3. Because there is only one original crypto that's scarce (bitcoin), bitcoin has the monetary network effect well established, and Altcoins as a group are endless in supply.
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  4. It's simple, you pay back the loan in depreciating dollars.
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  5. Get a portable solar charger and small battery, you'll always have electricity for your smartphone.
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  6.  @LearnWithMike  no problem. But to mitigate the risk, just do 20% loan to collateral and have a contract for 3-5 years.
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  7. Set aside a portion of the loan you take out to make those minimum monthly payments.
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  8.  @LearnWithMike  essentially yes. Alternatively, live off the 96k and refinance a new loan once bitcoin doubles or triples in price.
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  9.  @LearnWithMike  true. But dollar inflation isn't slowing down, so i think it is reasonable to expect prices of hard assets to keep trending upwards.
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  10. He put a free bitcoin course on Saylor academy, just fyi.
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  11. All the users on the bitcoin network.
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  12. Bitcoin has the network effect and alts make trade-offs that make them inferior stores of value.
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