Search results for The Bitcoin Standard
Crypto
Bitcoin Standard author says BTC to overtake gold in long run, reigniting money debate
A claim has emerged that bitcoin already functions as money and could, over time, become less volatile than gold and even surpass it in market value. Saifedean Ammous, author of \"The Bitcoin Standard\", argued that limited use for payments does not mean bitcoin has failed as money, saying holding it is itself monetary use. The debate also features criticism from economist Lawrence H. White, who says bitcoin’s fixed supply fuels excessive volatility.
Crypto
Second bitcoin treasury firm would struggle to catch up with Strategy
Bitcoin treasury firms focused on buying bitcoin may struggle to catch up with Michael Saylor\'s Strategy, according to an assessment cited by Cointelegraph. Economist and \"The Bitcoin Standard\" author Saifedean Ammous said Strategy\'s scale and cash holdings give it an advantage over competitors. He said Strategy holds 847,666 bitcoin bought for $63.95 billion and has $5.02 billion in dollar reserves for dividends and debt interest. Ammous said investing in Strategy carries risks and he prefers holding bitcoin directly.
Crypto
Strategy touts \'BTC profit of $1.3 billion\' but is it separate from shareholder returns?
Strategy said it generated 17,585 BTC of “BTC Gain” in the first two weeks of April, which Chairman Michael Saylor valued at $1.3 billion. The figure is a company-defined non-GAAP metric that differs from actual net income. It reflects bitcoin holdings growth adjusted for share dilution and does not show cash flow, accounting profit or preferred dividends. Strategy’s bitcoin portfolio remains slightly underwater at current prices.
