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 can see two of the three winners. Don’t scroll down! You should read the whole story first to get the full effect. The topic of discussion was the Lightning Network. Bitcoin’s second-layer solution is one of the success stories of recent years, but is a billionaire like Michael Saylor using 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 10,000 people voted. To be fair, the results were quite different before Mr. Saylor realized what was happening and fought back with the meme contest. The altcoiner documented the stark contrast in percentages with a second tweet referencing Do Kwon:
Steady guys, deploying more hornets
— Eric Wall X 🏴 (@ercwl) October 4, 2022
Michael Saylor accepted the challenge and raised the stakes. “The correct answer is Yes, and I’ll make three more trades of 1,000,000 sats each to my 3 favorite Lightning meme posters in the comments below,” he tweeted.
The correct answer is Yes, and I will make three more transactions of 1,000,000 sats each to the 3 most liked posters. #lightning⚡️ memes in the comments below. https://t.co/qXZ90q4Ly9
— Michael Saylor⚡️ (@saylor) October 4, 2022
A modest amount, of course. One million satoshis is a little over $203 at the time of writing. However, the contest achieved its goal. It moved the conversation in another direction and proved beyond any doubt that Mr. Saylor is a Lightning user like the rest of us.
Michael Saylor’s company is already working on lightning
As is often the case, the altcoiner wasn’t paying attention. As recently as last month, MicroStrategy was looking for Lightning Network developers and Michael Saylor tweeted: “MicroStrategy engineers are working on some exciting new Lightning applications to help our enterprise customers secure networks, monetize websites, and deploy mass wallets using Bitcoin.”
Does this sound like a guy who hasn’t used the Lightning Network? Or sounds like Michael Saylor recently stepped down as CEO to your company to focus on bitcoin and is this announcement a sign of things to come? Most people thought that Mr. Saylor would focus on acquiring bitcoins, but from the looks of this announcement, MicroStrategy will be building bitcoin products for businesses.
BTC price chart for 10/06/2022 on Eightcap | Source: BTC/USD on TradingView.com
Anyway, the winners of Michael Saylor’s Impromptu Lightning Network themed meme contest
Look, we can’t show them all. This is a respectable post. We’ll show you the first two, but with the last one you’re on your own. 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 Contest. Each has received 1,000,000 sats, delivered over the Lightning network in seconds.”
Congratulations are in order @ShireHODL, @NEEDcreations& @publordhodlthe winners of our #lightning⚡️ Meme contest. Each has received 1,000,000 sats, delivered over the Lightning network in seconds. https://t.co/wiBTW6jhgk
— Michael Saylor⚡️ (@saylor) October 6, 2022
And each of the winners completed the cipher showing the receipts. But let’s go one by one.
- Shire used the classic Ned-Stark-inspired meme format for a brilliant Lightning Network throwback:
If this wins, I’ll have another shot of whiskey and then wake my wife up to tell her I won 1 million Saylor sats. pic.twitter.com/r0uLZjUVdP
— Shire (@ShireHODL) October 4, 2022
In a new classic Internet moment, Shire provided video footage of Saylor himself paying the bounty. Or, as Shire puts it, “sending competitive sats via lightning.”
Video image… 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 the word about Lightning adoption by sending some of the sats to my high school students ⚡
— 🧡NEEDonaut_Stackchain #235, 681, 755 (@NEEDcreations) October 5, 2022
See how easily the Lightning Network beats the competition. NEEDonaut then tweeted: “If this is one of the winners, I’ll spread the word about Lightning adoption by sending some of the sats to my high school students.” And when he won, he confirmed the transaction with its 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