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If not mistaken I have heard him say something worse that he will prefer to burn them rather than giving them away so that value will accrue to the whole network. I have the opposite view: the higher the price of bitcoin goes the more we can use it to help needing people and do good. I wish #bitcoin was at 1million, so we could help a lot of people more.
This is generally a moral question @Joe Nakamoto about very wealthy people, not only bitcoiners of course. Accumulating wealth appears to be an end in itself, driven by the instant gratification of ephemeral material wants, more riches, more, always more. And what good they do with that? How much is enough? How many luxury cars is enough? How many houses? How many diamond colliers for your pet, without you becoming a rich egoist, egocentric, unempathic, insensible to human suffering and the basic needs of many people around you? I does not even cross their mind how many needing people could be helped if they forego the immediate satisfaction of yet another useless desire, such as a fourth luxury car or a diamond for their pet. This is sad. For us #bitcoin is a life saver, because it allows us to conserve our savings to keep a decent but modest life style, while enabling us to give away some to help needing people. We just wish #bitcoin was worth 1million like @Michael Saylor predicates so that we could do the opposite of what he says: give away much more and help many more needing people.๐Ÿ‡ฐ๐Ÿ‡ช @Michael Saylor you can start helping us by giving away a few of your many sats here to do some good ๐Ÿ‘‡ Thanks View quoted note โ†’
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