Ross Stevens on Bitcoin
From Why bitcoin is underestimated by so many, with Ross Stevens · · JohnGaltclip
“Bitcoin is giving life, not taking it. It's giving life right now to tens of thousands in El Salvador and Pakistan.”
On , Ross Stevens, Founder & Executive Chairman at NYDIG, spoke about Bitcoin during Why bitcoin is underestimated by so many, with Ross Stevens on JohnGaltclip.
About Ross Stevens
Ross Stevens, founder and executive chairman of NYDIG, has been a vocal advocate for Bitcoin in a series of public appearances, often discussing its properties as a monetary asset. He has described Bitcoin as "the best money we have" and "the best money we've ever had," arguing that it is a store of value whose supply is unaffected by demandhol. Stevens has characterized fiat currency as "vulnerable" and subject to "the whims of human frailties," while stating that Bitcoin is "the thing that's fixed." He has also described Bitcoin as "life insurance" in the sense of providing "freedom and dignity," and has said that the Federal Reserve's money printing "steals time" from people, particularly "the non-asset owners." Stevens has compared Bitcoin builders to medieval cathedral builders, stating that they are "working on something bigger than ourselves" and "working on sound money for Humanity." He has argued that Bitcoin's energy use will act as a catalyst for the development of "abundant clean cheap energy," claiming that "bitcoin mining can be located anywhere" and will allow humanity to "move the people to the power." In discussions with Michael Saylor, Stevens has stated that "if you are not long, you're short bitcoin" and that for companies adopting the "bitcoin standard," the results are "profound."