imagine a debt based system that requires continual debasement. everyone is chained together, slaves to the fiat masters.

trillions of dollars of capital, passive flows from hundreds of millions of people, are locked into bond and pension funds that are regulated against buying bitcoin or even equities outright.

then Saylor comes along. he starts buying BTC hand over fist, and begins issuing convertible debt to fund it.

now, all these bond funds have a new and novel investment; if they want to escape from getting locked into negative real yield bonds, they can buy convertible debt which gives them exposure to MSTR and thus Bitcoin.

A hidden escape from the fiat prison, one that has never been seen before. A siphon on a dying monetary system.

A WAY OUT. https://image.nostr.build/06447ba9ffe4699a4b548d790ee22c6108ea430645b14a7febfc1800b67e35f2.jpg  

 Or a bubble waiting to implode. Not bitcoin  itself, but MSTR. You cannot beat fiat using their doctrine (debt) unless you are one of the anointed. I suspect Saylor is not in that group. Play fiat games, win fiat prizes. 

 If a government starts doing what Saylor is doing,  why wouldn't their Bonds sell like hotcakes?