Oddbean

Scroll through all of your favorite Bitcoin influencers and search “microstrategy” or $MSTR on their page and observe the fanboying. We see you, you’re not fooling us. https://m.primal.net/LVQF.jpg

Careful Lauren. Big fan of your content. 💓 But you are at risk of falling down a FUD wormhole here. You are projecting a “i see all the pieces of the puzzle and you don’t” vibe. Just be careful. That’s all. 👁️🪬

The EO 6102 one…. Its potential is massively over-hyped IMO. At least in the near and intermediate term. And even if such a catastrophic rug pull were to happen, it doesn’t matter to the integrity of the protocol, which is ALL that really matters in the end, from my perspective. A 6102 type confiscation in today’s world where just about every asset is held digitally means that ALL financial assets (stocks, bonds, CDs, etc) could be confiscated in the same manor. In an instant. Such an action would end the modern GLOBAL monetary system in a day/week. Defeating the purpose of such action in the first place. (Presumably, the continuity of the existing FIAT system and its self appointed Overlords masters) Full disclosure, I generate my own keys and self custody my hodlings to the best of my knowledge and ability (as well as advise and teach others to do the same) I sent that note to Lauren, because the spirit and vibe of her recent rant of posts on MSTR struck me as very out of synch with the vast majority of her beautifully inspiring posts on all things spiritual. 🪬 (Infinite love, compassion and understanding, et al) I’ve learned the hard way over and over in my 6 decades during this incarnation that if something really triggers me, it’s ALWAYS a reflection of something of similar vibration hiding in my shadow. I mean no ill will. Otherwise I wouldn’t take the time to write this. Peace and love to you, brother/sister 🙏🏻💓😌

I respectfully disagree, I think it’s appropriate while #Bitcoin is still so misunderstood by so many to draw attention to the difference between owning Bitcoin in self custody, vs owning a stock that holds it on Coinbase or holds it on their balance sheet or whatever. I also think it’s a good thing for to allow all sides of one’s personality to have a say from time to time. No one is just one thing. Lauren can make beautiful posts and also get pissed off at people Bull posting non stop about MSTR when she is a hardcore believer in Bitcoin. That’s healthy in my opinion. Everyone should speak their minds.

Just sent longer response to Buddha on his question. I was only trying to share that your string of posts on MsTR, et al seemed (to me) to carry a heavy judgement vibe. Very uncharacteristic for you from my reading and enjoyment of your content. Didn’t mean to ruffle feathers. Peace 🙏🏻

Saylor is put up on a pedestal, and portrayed as a maxi totally committed to the ethos of bitcoin. His strategy, however, to loan bitcoin to "too big to fail" banks, dumping his tail risk on innocent taxpayers payers, to earn interest, encourages risky banking behavior bitcoin was invented to counter. No judgements if he chooses to loan his corn. But he isn't the maxi / HODL'r he claims. Of course, the "influencers" who preach the benefits of freedom and decentralization -- yet embrace and support X all day long -- are also hypocrites.