21 BTCFix the money, fix the world
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In plain words
The big claim behind Bitcoin culture: many problems, from short-term thinking to debt, start with money that can be printed at will. Aleks Svetski's June 2021 Bitcoin Magazine essay and Miami talk made the phrase a slogan.
Origin story
The big claim behind Bitcoin culture: many problems, from short-term thinking to debt, start with money that can be printed at will. Aleks Svetski's June 2021 Bitcoin Magazine essay and Miami talk made the phrase a slogan. Economists argue about how much money alone can fix; it is a thesis, not a proven law.
Popularization is documented; the idea and similar wording are older.
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
- Bitcoin Magazine, Jun 2021 bitcoinmagazine.com