Billionaires working for you 💰
💡 Daily Reminder: Stay humble, stack sats
Bitcoiners,
If you own bitcoin, billionaires work for you.
There are now multiple billionaires working full-time in bitcoin such as:
Changpeng Zhao - CEO of Binance
Michael Saylor - MicroStrategy Chairman
Jack Dorsey - Former Twitter CEO and Executive at Block Inc.
Here's how Bitcoin managed to get some of the brightest and richest people in the world to work for it so you can understand the human capital dedicated to growing this open network and why Bitcoins value will continue to rise.
Changpeng Zhao (CZ)
As the world's largest crypto exchange, Binance made over $20B in revenue in 2020 and transacted upwards of $30T in 2021.
From flipping burgers at a McDonald’s to selling his apartment to going all-in on Bitcoin, CZ is now a multi-billionaire that continues to build one of the biggest on-ramps into bitcoin for retail and institutions. If you own bitcoin, CZ is now working for you because CZ is incentivized to personally strengthen the Bitcoin network by bringing on new customers to his exchange.
Michael Saylor
As the chairman of the company holding the largest amount of bitcoin in the world (130k bitcoin), Michael Saylor has become the corporate face of bitcoin.
Recently Saylor announced stepping down as CEO of MicroStrategy to "focus more on bitcoin" and the company's bitcoin acquisition strategy. If you own bitcoin, Michael Saylor is now working for you because Saylor is incentivized to strengthen the network by creating more educational content for the masses while adding to his bitcoin holdings.
Jack Dorsey
As the Principal Executive at Block Inc, Jack Dorsey is investing hundreds of millions of dollars into open source bitcoin projects and integrating bitcoin into his traditional peer-to-peer and retail payment companies within Block Inc.
In early 2021, Dorsey stated "If I were not at Square or Twitter, I'd be working on bitcoin", and not too long after he stepped down from Twitter to do exactly that. If you own bitcoin, Jack Dorsey is now working for you because Dorsey is actively strengthening the network with all of his companies simultaneously.
Lastly, aside from the billionaires, millions of plebs (such as myself) work full-time in Bitcoin around the world.
Happy Friday,
-Pod
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Eric Podwojski
Founder, Bitcoin EDU
Twitter: @epodrulz
Disclaimer: This should go without saying: This is not financial advice. This is not investment advice. I write this newsletter for education and entertainment. Act accordingly.
