I can hold possession of a billion-dollars of Bitcoin in my head just holding a password or set of private keys ... The first time in the history of the human race that you can actually take possession of your wealth and take it to the grave with you or take it anywhere else on Earth with you. And even if I put a gun to your head, the most I can do is kill you; I can't take it.

The reason that Bitcoin is magical is because there's only 21 million. I can create more real estate in New York City. I can create more cars. I can create more luxury watches. I can create more gold. I can create more shares of stock. I can create more bonds. I can create any commodity ... Given enough money and time, I can create infinite of any of them. Bitcoin is a scarcity. Name another scarcity in the world. Technically, it's not clear there is another scarcity.

Bitcoin is a nuclear-hardened protocol. It's pretty much the most robust, resilient thing the human race has yet to invent ... If all of the electricity got shut off everywhere on Earth and every computer failed everywhere on Earth for 10 years, the protocol just goes dormant for 10 years, and as soon as one person turns one node back on, the entire protocol comes back to life again.

The fundamental difference between Bitcoin and Ethereum is Ethereum's monetary policy changes every six months ... There's a difficulty bomb in Ethereum that's been getting pushed back since 2016. They keep pushing it back. When it goes off, it will wipe out, obliterate, a $50B Ethereum mining industry—just wipe it out, completely change the protocol, flip everything to proof-of-stake. They keep putting it off. That sounds like a group of people exercising influence over the protocol.

The whole idea of Bitcoin is it's perfected engineered gold, crypto gold, with none of the defects of gold. You can't mine anymore of it, it's weightless, I can move it at the speed of light, it never decomposes ... I can break it into a thousand pieces in a second, send it to a thousand places, and recompose it all using a computer program.

It's a virus. It's a cyber-virus. It's a chain reaction in cyberspace, or it's a life-form in cyberspace. Bitcoin is a bank in cyberspace run by incorruptible software.

There is 100% certainty that you're going to lose 80% of your money in most currencies over the next decade. There's 100% certainty you're going to lose 95% of your wealth over 30 years in just about every currency.

Once I realized that assets like the S&P and equity portfolios and real estate are driven primarily by monetary policy of the central banks, then I realized that holding money at 0% interest when the money supply is expanding at 10% is losing 10% of your wealth a year. And then I realized that, in fact, the money supply was expanding not at 10% but about 25% a year starting with the pandemic, and I was going to lose half my wealth on that treasury within 36 months.

I want to hold my money for 100 years, if not 1,000 years. The dollar won't work. The dollar's losing 2% of its value a month, which is horrific. And horrific over 36 months; it's catastrophic over 10 years ... This is where Bitcoin comes in.

The Fed printed 40% of all the dollars in existence in the 18 months that followed the pandemic.

Not only is Bitcoin impervious to cyber-attacks, it's also the solution to cyber-attacks

Bitcoin is property. Ethereum, everything else in the crypto ecosystem, likely they're all securities,