Oddbean new post about | logout
 I worry about what happens when everyone figures it out. It’s not going to be gradually. It’s going to be suddenly. 

Plan accordingly. ♎️ https://image.nostr.build/c719bd98dafeb8b2f572e7fc7c8ead999c6492007ae20575bdc1d858446fcaac.jpg  
 I figure it’s at the Q3 or Q4 earnings release, when they announce Fair Value Accounting.  Then 💥. 
 ….. “you can’t fool the children of the revolution “ 
 Onwards 🫡 
 Out of curiosity, what is the cause of your worry? 
 he's worried that when other companies figure out you can store your wealth in something that is very finite and is decentralized and not controlled by governments that the common man and woman will be completely priced out and not see the benefit of the technology that is Bitcoin.  
 Yes, but if not I'd still be happy with 25-30% accretion per year... 
 the green elevator way to heaven 
 hope so - question if you had 15k - buy mstr or smash buy btc? 
 Mstr is a debt based leveraged btc position that makes the assumption that there is little or no risk. Margin calls are made for such assumptions. I hope it works out, we need it to work out. 
 depends on your risk tolerance, want more risk for more reward ? buy MSTR. Want less risk but piece of mind your wealth won't be confiscated or go bankrupt ? buy BTC and put it in cold storage  
 I personally hold both but more BTC than MSTR  
 buy $mstr at lows .... sell at tops and immediately switch to BTC. 
 Boom 💥 
 Michael has definitely figured out the cheat code  
 MSTR is probably one big reason why my MSCI ACWI is up. 😂 
 What are your thoughts on what is taking so long with the sovereigns? Specifically the Middle East, I thought they’d be among the first movers. Even more specifically, Iran since they are among the most impacted by the consequences of the dollar’s reserve status. 
 USA and Isreal would blow them up next day if there was no dollar reserve.