The Bitcoin Historian
The Bitcoin Historian

@pete_rizzo_

19 Tweets 1 reads Aug 11, 2024
Why Saifedean Ammous Is A #Bitcoin Legend
Sold over 1 million copies of “The Bitcoin Standard”
Convinced Michael Saylor to buy 200,000 BTC
A thread
1/ Saifedean learned early of the horrors of fiat government
Born in Palestine, his grandparents had their land stolen by Israel
They had to flee abroad with their savings
2/ Unsurprisingly, Saifedean grew interested in politics and economics
In essays for his college newspaper, he defended Palestine, arguing U.S. taxpayers were responsible for Israel’s aggression
He wrote tirelessly to end his country's occupation ✊
3/ On campus, Saifedean developed a reputation for controversy
He wasn’t afraid to stand up against the U.S war machine
He was profiled in New York magazine for his scathing editorials ️‍🔥
4/ Saifedean began to look for alternatives to the fiat system in gold and Austrian economics
He first heard about #Bitcoin in the summer of 2011– when the price surged to $30, then fell back to $2
He thought about buying, but was convinced it would fail
5/ Saifedean, however, kept writing on money and economics
Soon his articles on Occupy Wall Street landed him a spot on “The Keiser Report”
It’s host Max Keisier was already a #Bitcoin believer
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@CasaHODL 7/ More and more, Saifedean began to be curious about #Bitcoin
He evaluated all the major altcoins
He realized “only Bitcoin” could serve as a true store of value
@CasaHODL 8/ This work culminated in ‘The Bitcoin Standard’
It took him 3 months to write
The book has since sold over 1 million copies worldwide
@CasaHODL 9/ Saifedean’s #Bitcoin career was just getting started
In 2019, he left his job at the university
He invested his severance into Bitcoin under $10,000
@CasaHODL 10/ Soon, Saifedean became a major crusader for Bitcoin
Here he is eviscerating one pompous old fiat economist
He argued that the fiat system had caused centuries of war and poverty – and that #Bitcoin was the solution
@CasaHODL 11/ Here’s Saifedean explaining inflation to Lex Friedman and his millions of podcast listeners
He popularized the idea Bitcoin was saving
Regular people, he told Lex, shouldn’t have to invest to preserve their purchasing power
@CasaHODL 12/ Next Saifedean assembled a team to orange pill Jordan Peterson
Here’s Jordan talking about Satoshi and his profound work
"The project has now worked for 10 years without him."
@CasaHODL 13/ By 2021, The Bitcoin Standard was regularly mentioned on TV
Here’s CNBC’s Joe Kernen defending Bitcoin against critics
He says they haven’t read “The Bitcoin Standard” !!
@CasaHODL 14/ Nowhere is Saifedean more influential than in politics
Senator Cynthia Lummis was inspired by the book to push for a national strategic #Bitcoin reserve
Congressman Thomas Massie said it convinced him to end the Fed!
@CasaHODL 15/ Saifedean is even an advisor to the President of El Salvador
President Bukele became a fan of “The #Bitcoin Standard”
Now his country is buying 1 BTC every day
@CasaHODL 16/ Even more impressive, Michael Saylor cites the book as a reason his company bought 200,000 #Bitcoin
He calls the book a "work of genius"
He even wrote the forward for “The Bitcoin Standard”
@CasaHODL 17/ Today, it’s safe to say ‘The Bitcoin Standard’ is the “Bible of Bitcoin”
There’s even a hotel in Germany that keeps the book in every room.
@CasaHODL Have a favorite Saifedean moment?
Post yours below

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