TD₿: Saylor vs Dorsey: The Battle for the Future of Bitcoin - (a Swan original video) with Hurley
TL;DR: Is Bitcoin digital gold or something bigger? Dorsey, Saylor, Marcus, and Alden explore its path—from store of value to payment rails—and why convergence, not competition, defines its future.
Hey Bitcoiners,
The debate over Bitcoin’s true purpose - store of value or medium of exchange - has reignited. Jack Dorsey warned that Bitcoin could fail through irrelevance if it doesn’t evolve into a daily-use payment system, while Michael Saylor maintains Bitcoin is best held and not spent, likening it to digital gold.
Lyn Alden and David Marcus offered a middle ground: Bitcoin is evolving through stages. First as a savings technology (store of value), then gradually becoming a payment network as adoption, liquidity, and infrastructure grow. Marcus emphasized that Bitcoin already serves as a global settlement layer, especially when paired with stablecoins on Lightning, enabling permissionless, real-time transactions across currencies.
At Bitcoin 2025, Saylor expanded his vision, comparing Bitcoin’s future role to gold in the 19th century - an apex settlement asset beneath layers of debt, equity, and fiat. The emergence of Lightning Network yield - nearly 10% APR earned natively on routing Bitcoin - signals a powerful convergence: Bitcoin as both savings and productive capital.
Stablecoins may reinforce dollar usage, but they also rely on Bitcoin’s trustless rails. The future isn’t either-or, it’s layered. Bitcoin is becoming the center of financial gravity - not just for saving or spending, but for settling global value in a multi-asset world.
Tick tock next block,
The Swan Education Team
The Daily Bitcoiner is Powered by Marathon Digital Holdings - setting the pace for the Bitcoin mining industry.
Sign up for Swan and receive $10 in free Bitcoin today.
Welcome to Bitcoin: 101 Series
Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family.
With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:
Inflation Protection: Protect your savings from inflation and manipulation.
Investment Opportunity: Potential for substantial returns driven by its scarcity and growing adoption.
Prosperous Future: Decentralized money that serves as a store of value for your hard-earned wealth.
Help kickstart your loved one’s Bitcoin journey today!
Quote of the Day
“Bitcoin is a game we play where we can easily tell when someone is cheating.”
- Dhruv Bansal
Job of the Day
Senior Rust Developer for White Noise and rust-nostr
Anywhere / Remote only
Full Time
Engineering / Social Networks
Project Overview
White Noise is a decentralized, encrypted messaging platform with no IDs or servers. Built on Rust and the Rust-nostr stack, it protects privacy and resists censorship.
The Role
Lead development of nostr-mls, implementing secure group messaging with the MLS protocol. Build decentralized systems, write bindings, and enforce strict security standards.
What You’ll Do
Develop and optimize nostr-mls
Build async Rust networking
Create bindings (Python, Node.js, mobile)
Use LLMs for codegen and tooling
Test thoroughly (unit, integration, fuzzing)
What You Bring
7+ years Rust (systems, async)
Deep Nostr + cryptography knowledge
FFI/bindings experience (
tokio,wasm-bindgen, etc.)Open-source security work
Strong remote communication
Details
Remote, async, milestone-based
Fixed grant per reviewed deliverable
FOSS, privacy-first culture
Apply
Send your experience, nostr-mls scaling plan, and code samples.
Build private, secure communication. Join White Noise.
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Metaplanet Issues $21M in Bonds to Buy Bitcoin, Targets 10,000 BTC by Year-End
Japanese investment firm Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investor, just one day after announcing a $50 million raise. The bonds, part of its 17th series, mature in November 2025 and carry no interest or collateral. Evo Fund can redeem early with five days’ notice, and Metaplanet may trigger redemptions tied to future raises.
This brings Metaplanet’s 2025 fundraising total to $135.2 million as it aims to reach 10,000 BTC by year-end. The firm currently holds around 7,800 BTC—worth $840 million—at an average cost of $91,340, ranking 11th globally among corporate Bitcoin holders.
Pakistan to Establish Strategic Bitcoin Reserve, Announces Prime Minister's Digital Asset Advisor at Bitcoin 2025
At Bitcoin 2025 in Las Vegas, Bilal Bin Saqib, Pakistan’s special assistant to the prime minister on blockchain, announced the country will establish a strategic Bitcoin reserve, inspired by a similar U.S. initiative under President Trump. He emphasized that Pakistan will "never, ever sell" its holdings.
The government is also allocating 2,000 MW of surplus electricity to support Bitcoin mining and AI data centers, aiming to boost revenue, create jobs, and attract foreign investment. Bin Saqib also advises the Trump-backed crypto project, World Liberty Financial.
Swan Shortie of the Day
Event of the Day (Happening Now)
The Bitcoin Conference 2025 is scheduled to take place in Las Vegas from May 27 to May 29, 2025, at The Venetian Las Vegas. This event is the world's largest gathering of Bitcoin enthusiasts and industry professionals, featuring talks by thought leaders and industry innovators, and attracting over 30,000 attendees.
Las Vegas is also home to several cryptocurrency companies, including CleanSpark, which specializes in sustainable infrastructure for Bitcoin and aims to promote financial independence and inclusion.
Bitcoin Conference 2025: The world's largest Bitcoin event, scheduled for May 27-29, 2025, in Las Vegas.
CleanSpark: A Bitcoin company based in Las Vegas that focuses on sustainable Bitcoin infrastructure.
Las Vegas Tax Attorneys: Experts providing consultations on Bitcoin tax issues.
Tickets for the Bitcoin Conference 2025 can be purchased through Eventbrite, and the event times are from 9:00 AM to 5:00 PM daily.
Meme of the Day
Thanks for reading The Daily Bitcoiner! Subscribe for free to receive new posts and support my work.