A notorious altcoiner tried to test Michael Saylor’s commitment to bitcoin and this is what he got. A meme contest. And in this post, you’ll get to see two of the three winners. Don’t scroll down! You should read the whole story first, to get the full effect. The theme of the discussion was the Lightning Network. Bitcoin’s second layer solution is one of the success stories of the last few years, but does a billionaire like Michael Saylor use it?
Do you think Michael Saylor has made more than three Lightning transactions in his life?
— Eric Wall X 🏴 (@ercwl) October 4, 2022
The altcoiner’s poll question was “Do you think Michael Saylor has made more than three Lightning transactions in his life?” The results were: YES – 52.2%; NO – 34.8%; SEE RESULTS – 13%. More than 10K people voted. To be fair, the results were quite different before Mr. Saylor got wind of what was going on and counterattacked with the meme contest. The altcoiner documented the sharp contrast in the percentages with a Do Kwon-referencing second tweet:
— Eric Wall X 🏴 (@ercwl) October 4, 2022
Michael Saylor rose up to the challenge and raised the stakes.“The correct answer is Yes, and I will make three more transactions of 1,000,000 sats each to the 3 posters of the most liked Lightning memes in the comments below,” he tweeted.
— Michael Saylor⚡️ (@saylor) October 4, 2022
A modest amount, sure. One million satoshis is a little over $203 at the time of writing. Nevertheless, the contest achieved its goal. It moved the conversation in another direction and proved without a doubt that Mr. Saylor is a Lightning user like the rest of us.
Michael Saylor’s Company Is Already Working On Lightning
As it usually happens, the altcoiner wasn’t paying attention. As soon as last month, MicroStrategy was looking for Lightning Network developers and Michael Saylor tweeted: “The engineers at MicroStrategy are working on some exciting new Lightning apps to help our enterprise customers secure networks, monetize websites, and deploy wallets en masse using Bitcoin.”
Does that sound like a man that hasn’t used the Lightning Network? Or does it sound like Michael Saylor recently left the CEO position at his company to focus on bitcoin and that ad is a sign of things to come? Most people thought Mr. Saylor was going to focus on bitcoin acquisition but, by the looks of that ad, MicroStrategy will create bitcoin products for enterprises.
BTC price chart for 10/06/2022 on Eightcap | Source: BTC/USD on TradingView.com
Anyway, The Winners In Michael Saylor’s Impromptu Lightning Network-themed Meme Contest
Look, we can’t show them all. This is a respectable publication. We’ll show the first two, but you’re on your own with the last one. Anyway, after a period of serious deliberation and a few Lightning transactions, Michael Saylor tweeted: “Congratulations are in order to @ShireHODL, @NEEDcreations, & @publordhodl, the winners of our Lightning meme competition. Each has received 1,000,000 sats, delivered via the Lightning network in a few seconds.”
Congratulations are in order to @ShireHODL, @NEEDcreations, & @publordhodl, the winners of our #Lightning⚡️ meme competition. Each has received 1,000,000 sats, delivered via the Lightning network in a few seconds. https://t.co/wiBTW6jhgk
— Michael Saylor⚡️ (@saylor) October 6, 2022
And each of the winners completed the cypher by showing receipts. But let’s go one by one.
- Shire used the classic Ned-Stark-inspired meme format for a shining endorsement of the Lightning Network:
If this wins, I will drink another glass of whisky and then wake my wife up to tell her I won 1M of Saylor’s sats. pic.twitter.com/r0uLZjUVdP
— Shire (@ShireHODL) October 4, 2022
In a new classic Internet moment, Shire then provided video footage of Saylor himself paying him the reward. Or, as Shire puts it, “competently sending sats via lightning.”
Video footage… https://t.co/2ft91KHYn7
— Shire (@ShireHODL) October 6, 2022
- NEEDonaut personified the Lightning Network as the absolute champion of champions Usain Bolt… get it? Bolt.
If this is one of the winners, I’ll spread Lightning adoption by sending some of the sats to my high school students ⚡
— 🧡NEEDonaut_Stackchain #235, 681, 755 (@NEEDcreations) October 5, 2022
Notice how easily the Lightning Network beats the competition. NEEDonaut then tweeted: “If this is one of the winners, I’ll spread Lightning adoption by sending some of the sats to my high school students.” And when he did win, he confirmed the transaction with his own Lightning node.
And that’s the story of Michael Saylor’s impromptu Lighting Network-themed meme contest.
Featured Image: one of the winning memes, from this tweet | Charts by TradingView