MICHAEL SAYLOR SAYS HE’D BURN HIS KEYS TO PROTECT BITCOIN’S LEGACY Michael Saylor said that if you’ve dedicated your life to Bitcoin, “the safest way to ensure it endures is to do what Satoshi did, burn your keys.” Source: @BitcoinNewsCom https://t.co/cUxIOPuqcq https://t.co/wnEdlAO8OV
Basically like sending Bitcoin to a burn address. Except it doesn’t make the whole thing more valuable for everyone. https://t.co/teqtZtQaG2
ERIC WEISS WARNS “DON’T SELL YOUR BITCOIN” Eric Weiss, known for convincing Michael Saylor to buy Bitcoin, cautioned investors by saying, “Don’t sell your Bitcoin. It’s going to be very hard to get it back.” Source: @CryptosR_Us https://t.co/pW1oOfyFMj
Michael Saylor, a prominent Bitcoin advocate, emphasized the importance of holding onto Bitcoin, stating, "The halls of eternity echo with the cries of those who sold their Bitcoin." He further expressed that for those who have dedicated their lives to Bitcoin, the best way to ensure its longevity is to burn their private keys after they pass away, following the example set by Bitcoin's creator, Satoshi Nakamoto. This act would protect Bitcoin's legacy by effectively removing access to those coins, akin to sending Bitcoin to a burn address, although it does not increase the value for other holders. Eric Weiss, known for persuading Saylor to invest in Bitcoin, also warned investors against selling their Bitcoin, cautioning that it would be very difficult to reacquire it once sold.