Oddbean new post about login | logout MSTR HOLDS NO BITCOIN nostr:note1y4q3lj6h6glnescuws7a69ax0yvte7k9msazq4e89ff3kacu7u9qgdu2y7
THE FACT THAT THIS IS TECHNICALLY A TRUE STATEMENT, OR PROBABLY IS OR AT LEAST MIGHT BE, SAYS IT ALL CORN > STONKS NO EXCEPTIONS
You said all corn in self custody
WAIT NOW I’M CONFUSED DAN PLS HELP
Its not in their custody its with their custodian
Still confused 😂 My point is that people should self custody their corn, and that that is better than any stonk (for reasons like microstrategy having a custodian) but it seems like you are interpreting it differently perhaps?
I missed yer 401 comment. Leveraged plays can turn out. I wanted to drill home these plays make fiat gains not coin gains & carry risk. Myself I hold a 2 months expenses in a tax-free Canadian corn ETF in case I need time I have a little in a tax-free etf.
Ah yes. I knew we agreed 🫂 gfy
Yeah the flow/context of the original thread is important. I can see why you might’ve been like WTF BROSEPH FUCK YOUR TOOTH
Also i know this is stale and dumb but just wanted to clarify what i meant in the original note you quoted as it might’ve been misleadingly presented Lots of people are nutting over mstr gains. Many will get fiat rich, some or many will get straight up rekt perhaps, but **of those people** the ones who make a clean exit to cold hard sats will be the legends There will be plenty of other legends made — the ones who have simply stayed humble and stacked sats ever since they shoved that orange pill way up their own hooter. Even the ones just now starting of you ask me
May our world be better for our choices today and one day our names whispered as saviours to untold masses. Keep stacking legend
It’s actually true. It’s held in a subsidiary known as “Macrostrategy”
I always hear it’s with shitcoinbase 🤔 “Macrostrategy” sounds like it would basically be them as their own custodian, no?
I'm not sure any company should. The risk of loss and theft is too high. Hodling is for individuals.
That is an interesting point there ser. I don’t know if i agree or disagree! Good thing i’m just an individual and don’t have to 😅
I'm not saying coinbase is the answer. I'd rather see it be nostr:nprofile1qqsrtv3u6qkj6a09tnhr3l0wy67g9uw3t57ftqyqpvztpk3wmd6306spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhs9vgya8 than a casino, but as a stockholder I'd be nervous about corporate self-custody.