Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.
Michael Saylor, CEO of the largest independent publicly-traded business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR), has launched a new online course to educate people about Bitcoin (BTC). According to Saylor, once completing the course, you will have a basic level of Bitcoin knowledge. It will be enough to start interacting with the crypto by buying, receiving, storing, and spending it.
Introducing Bitcoin for Everybody – a free course to educate the world on #bitcoin and assist anyone seeking to harness this digital monetary network to promote economic empowerment. https://t.co/iqxv3vjHpg pic.twitter.com/VJz1kHiS8a
— Michael Saylor (@michael_saylor) February 9, 2021
Named “Bitcoin for Everybody”, the course is divided into 5 units: Bitcoin Economics, Bitcoin Investment, Bitcoin History and Philosophy, Bitcoin Technology, and Bitcoin in Practice. It will take 12 hours to do the course. After the completion, you will have to take the Certificate Final Exam. Then, when the exam is passed, you will geta free Course Completion Certificate.
MicroStrategy CEO has been extremely bullish on cryptos, especially Bitcoin. His statements that “God’s name is Satoshi” and Bitcoin is “a million times better than gold” provoked hot discussions within the crypto community. Besides, Michael Saylor has been likening Bitcoin to a “swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth.”
With this in mind, Saylor has directed his company to invest heavily in the top digital coin. During the last year, MicroStrategy invested as much as $2.5 billion in BTC. As Saylor has explained, the company has been looking for new ways to save money, and income from Bitcoin seems to be much more lucrative than that of gold. At present, it owns 71,079 BTC.
Companies Joining MicroStrategy in Bitcoin Crusade
Last week, MicroStrategy CEO also held a “WorldNow” conference. There, Saylor said he expects other companies to join him in the rally.
“If your company has money on its balance sheet, and it’s sitting in fiat currencies like euros and dollars, they’re losing about 15% of their purchasing power each year. The simple solution is convert some of that cash into Bitcoin. We did it, Square did it. You’re going to see an avalanche of companies in the coming 12 months also converting their balance sheets into Bitcoin because it’s a scarce digital safe haven asset.”
In addition, Saylor admitted that pushing Bitcoin was the explicit goal of the conference. Talking to another Bitcoin enthusiast Ross Stevens, founder of the asset manager Stone Ridge, Saylor said that while they may already be on board, the reason to run this conference was “to help everybody else figure out what they should do.”
One of the latest companies to buy Bitcoin was Tesla Inc (NASDAQ: TSLA). The company invested as much as $1.5 billion in the currency. Following the news, MicroStrategy CEO congratulated Tesla on a good buy.
— Michael Saylor (@michael_saylor) February 8, 2021
It is now unclear whether Tesla will buy more BTC or stop at this amount. But even the one-time purchase has pushed Bitcoin 20% up in a single day thereby giving nearly $500 million returns in a very short time.
Daria is an economic student interested in the development of modern technologies. She is eager to know as much as possible about cryptos as she believes they can change our view on finance and the world in general.