Who knew that in order to create a $50B business you don't need to have any good product. You just issue shares and debt to buy Bitcoin and everybody will give you their money.

Silly me.


:Kek Laugh:


true story, nobody believed him when he shared his plan, even though the math supported his plan, he is playing the system smoothly...


He’s played the fiat system like a fiddle..


Book value.


Its modern day alchemy, turning shit into gold


That is the thing  ..  a believer is more than God himself :-)

when you buy #bitcoin  - you invest in #nostr .. #amethyst .. #damus  .. #lighning ..  #cashu ..  #liquid ..and every single developer in this space  .. and creatives   .. and users

#blockchain is just a ledger of long strings  - the value exists all around it ..

nostr:nevent1qvzqqqqqqypzq3svyhng9ld8sv44950j957j9vchdktj7cxumsep9mvvjthc2pjuqqsy8u7257kj74aqurxnp3x83l0aatg0l2pkx79fpl6znldwmx26j6guh09m6


All you need to do is create a massive centralized point of attack for the community you rely on!


You just described how most corporations are run.
Borrow money, expand, borrow money expand.


No, regular companies borrow money to build products that take over markets whose profits push the evaluation higher. That's not what Microstrategy is doing. They are just holding. There is not risk to the company.


unless the product was dead from the start and instead is used to launder money and improve tax situations


Whoops 😅


It’s so simple to become on paper wealthy. Exploitation is historically accurate.
Choosing Love of humanity … I sleep better 😂🫂🤩


Onward 🫡

Onward 🫡


That's what I've been trying to tell people.  Like governments, companies that spend more than they produce in real value ngmi. Might take along time if they don't get rugged, but eventually it will come.


This^


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They are doing the same as the rest of us, riding the bitcoin monetization wave. They are just taking advantage of access to cheap capital. Your problem is with the entities that buy MSTR debt and equity.


or just issue stablecoin？


Even better if you DO have a good product


Me: Process Duplicated..


NGU cultists are useful idiots led by Saylor https://image.nostr.build/9ea6da4f3c3dc993e2e3c4481ad8c6671867667e2e265c147dc2e3a981cff037.jpg
nostr:nevent1qqsy8u7257kj74aqurxnp3x83l0aatg0l2pkx79fpl6znldwmx26j6gpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsyvrp9u6p0mfur9dfdru3d853tx9mdjuhkphxuxgfwmryja7zsvhqrqsqqqqqpjqt9wl


The classic signs of a CIA front company is no product