So it begins: MicroStrategy is the first large corporation to hold bitcoin as a cash reserve asset.
“Bitcoin ... is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."
https://twitter.com/saifedean/status/1293157914631376899?s=20“We find the global acceptance, brand recognition, ecosystem vitality, network dominance, architectural resilience, technical utility, and community ethos of Bitcoin to be persuasive evidence of its superiority as an asset class for those seeking a long-term store of value"
https://twitter.com/saifedean/status/1293158639944048640?s=20Bitcoin retail payments will come AFTER a large number of consumers and merchants have liquid cash balances in Bitcoin. It can't happen before. Until they do, Bitcoin just needs to keep doing what it's been doing for 11 years: illustrate its superiority to every other cash asset.
https://twitter.com/saifedean/status/1293159945798639616?s=20Better technology replaces outdated technology, nocoiner luddites inconsolable:
"MicroStrategy believes that buying $250 million in Bitcoin will provide it the opportunity to earn better returns and preserve the value of our capital over time compared to holding cash."
https://twitter.com/saifedean/status/1293162668791136264?s=20We've had ~7 years of scammers making up ridiculous tales on the futuristic applications of "blockchain tech" & denigrating the enormous implications of the only application for which market demand exists: bitcoin as cash.
Everything else in "the crypto space" is a dumb scam.
https://twitter.com/saifedean/status/1293166932343087109?s=20Can't get enough of this guy
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)