21 BTC1 BTC = 1 BTC
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In plain words
On 23 February 2019 the @BitcoinIsSaving account posted a chart of one bitcoin priced in bitcoin, a perfectly flat line, captioned “This is the ideal stablecoin and store of value.” The tautology became a calm answer to price panic: measured in itself, your bitcoin never changes.
Origin story
On 23 February 2019 the @BitcoinIsSaving account posted a chart of one bitcoin priced in bitcoin, a perfectly flat line, captioned “This is the ideal stablecoin and store of value.” The tautology became a calm answer to price panic: measured in itself, your bitcoin never changes.
The chart post is verified; the exact first use of the text “1 BTC = 1 BTC” is not.
See also
- HODLDuring a crash, a BitcoinTalk user admitted he was a bad trader, a little drunk, and simply holding. He misspelled “holding” in the title.
- Laser eyesAs bitcoin crossed $50,000, a few accounts added red laser beams to their profile pictures with the rule: keep them until $100K. Soon members of Congress, Saylor and much of Bitcoin Twitter joined; El Salvador's president followed.
- Michael SaylorMichael Saylor is the co-founder and executive chairman of Strategy (formerly MicroStrategy), the company that holds more bitcoin than any other. Since 2020 he has been bitcoin's loudest corporate advocate, known for his quotes and memes.
- Orange pillA riff on the red pill from The Matrix (1999), in Bitcoin orange: the moment someone “gets” Bitcoin, or the act of explaining it to a friend (“I orange-pilled my dad”). We built a whole page for doing it kindly.
References
- X, 23 Feb 2019 x.com