After a few days of wrestling with FOMO mania on MSTR, I have come to a realization - the fiat clownworld market is fomoing into MSTR because MSTR has Bitcoin. Yet as Bitcoin is finite, any Bitcoin that I buy is Bitcoin that MSTR now CANNOT buy.
Fiat brains are scrambling into the MSTR USD trade, while literally anyone who wants to is free to acquire the asset that MSTR itself is continuously diluting shareholder in order to fomo into. This alone should tell us everything we need to know.
As @bitbybit points out, the the vast and overwhelming majority of the money cashing MSTR will NEVER leave the fiat system - they are cashing the “leveraged bet on Bitcoin” thesis, which can ONLY makes sense if you are thinking in dollars.
Favoring MSTR over Bitcoin is one of the most absurd distortions imaginable and it is wild to be alive to see it.
#Plebchain #Bitcoin
Great summary. Thanks, man.
You’re speculating on bitcoins.
$MSTR is for traders and nocoiners.
so who cares what other people decide to speculate on. 🤙🏽
TLDR - why cope ?
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He is taking advantage of being able to get close to the spigot of the money printer and exploiting the infinite money glitch. By launching a speculative attack on the dollar he is making himself and Bitcoin a target. But as long as his borrowing is low enough that jacking up interest rates to wreck him will destroy the whole economy he can get away with it.