Part 7/14:
He stresses that critics often raise FUD (fear, uncertainty, doubt), not out of malice but because society’s collective grasp on new technologies lags behind their evolution. Patience and long-term vision are essential as societal decision-makers gradually comprehend the value of digital energy.
The Gold and Banking Paradigm: Trust, Custody, and Decentralization
A core element in Sailor’s thesis is how Bitcoin's properties compare favorably to gold and traditional banking. Gold, despite its historical value, proved difficult to custodian—stories like the missing German gold illustrate its logistical challenges. Bitcoin solves this by making custody practical for individuals and corporations, enabling a more decentralized and resilient monetary system.