Oddbean new post about login | logout IF EVERYONE STOPPED SIMPING AND SIMPLY ASKED HIM “SHOULD WE SUPPORT OPEN SOURCE DEVS,” PRETTY SURE HE WOULD STRAIGHT UP ADMIT IT.
Ask him. You have a platform. Is the argument that he wants to close-source the whole thing under his BTC Development Company named Microstrategy?
WHEN HE SAYS DEVELOPMENT COMPANY HE MEANS LIKE REAL ESTATE. AKA JUST OWNING A LOT WITH SUIT BULLSHIT ON TOP. IF HE WANTS TO COME ON RHR OR DISPATCH HE IS ALWAYS WELCOME.
“We can leverage our market cap in order to issue equity, issue debt, buy back our debt, we can restructure our capital structure so that our shareholders get more Bitcoin,” stated Saylor. The MicroStrategy executive chair likened this strategy to developing real estate, saying the company is issuing securities to buy more Bitcoin. Saylor added that this pivot is also “to promote the Bitcoin network, lock up the Bitcoin forever, and build the entire ecosystem.”
YEA BRO YOU ARE JUST AGREEING WITH ME. ANYONE CAN JUST ASK HIM THE QUESTION. OUT HERE TRYING TO SECURE FUNDING FOR OPEN SOURCE DEVS WITH NO DIRECT BENEFIT TO ME AND HE IS KILLING DEALS.
Ooooooh. I get a Bro response. I’ve made it. This is a good day. Read the last sentence again though. “Build the entire ecosystem” ………..related to L2, L3 +++++ I’m just trying to make sense of your comment. Saylor just bulling ETF’s is fucking retarded to say. I’m trying to give some ammo or reasoning for this ridiculous statement.
Saylor is a statist just listen to him on episode 187 of the Bitcoin standard podcast. Microstrategy is also a 15 minute drive from the CIA office, think whatever you want of that. Saylor probably doesn’t fund bitcoin development because the way it is today is more efficient and profitable for him. He needs dollars to continue playing fiat games with bitcoin. No one knows for sure what his intentions are but I’m very suspicious of him. https://video.nostr.build/504e7ce93035dac036002c4db8ae9fc2de9aa0939cbd38da4e517828cb61dcc9.mp4 https://video.nostr.build/0124c98cbc1dc484ab63f43a2eee9d1c74409e5cb043c1de200682fd7de4dff9.mp4
Out of context clips. Zoom bang bing ow bang boom. https://image.nostr.build/d8c81cadbcba52ce2a3918e3b4071537054b749b2ea10ff619854a2a034fe422.jpg
If you really care about the full context, listen to the podcast episode I referenced and tell me if you think he’s not a statist haha
@nobody
Fiat currency is here to stay for generations and billionaires are not going to self custody. Where is the lie in those statements?
There’s no point in arguing about the future of fiat or how billionaires will custody their bitcoin because no one knows what’s going to happen. My point is that we shouldn’t trust saylor simply because he stacks a lot of Bitcoin especially when he seems like a huge statist and doesn’t support open source development.
Diplomacy bro. No one wants to get their heads chopped off
Exactly until Billionaires don’t rely on the state for some measure of protection, securing resources, whatever is provided, it all shall exist. People will keep doing stuff to get the things they want and at some point they don’t care at all about hidden costs. Check your desperation and motivation but how do you really know until you are tested?
That’s very possible and something I considered but we can’t ever know what is in his mind so his intentions don’t matter to me. His actions do. If he did block Bitcoin development, then fuck him. It’s like Michael Bitstein said, “everyone is a scammer.” Saylor is stacking his bag with tools that people like us don’t have access to. No one can get loans at the interest rates he can. People like us need the open source development of things like mutiny, sparrow, nostr, mempool.space, whirlpool.
All FIAT will be gone in under 30 years.
@The Minnaar Collection
Yes, most people are statists. Bitcoin helps protect one from them. Ironically, Saylor's acquisition and holding strategy strengthens bitcoin and fosters more liberty. Net positive in my opinion
I think basically Saylor has a model that needs to remain predictable. Devs yeeting shit to prod and doing NOTHING when a spam explot is discovered does not lead to a predictable environment. So you starve the devs and ossify as much as you can.
Saylor is a Statist, he has too much to lose
At a certain level, we all are. I just need some reasoning other than crazy opinions. He’s been a net positive for BTC. That’s a fucking FACT.
What does Saylor have to gain? POWER
satsmcd your nostr schtick is usually dumb sarcastic takes to razz people up is this another one? or this something you actually believe
You know me. I have zero idea who the fuck you are. And don’t really care. Tbh. Go……….fuck………yourself. Directly in your own face.
Bitcoin is for enemies. No gatekeepers here
You’ve clearly never been to a conference 😂
The only thing that’s sus about saylor is him not embracing bitcoin as a medium of exchange
Gold or real estate aren’t MOE either. He’s saying yet. It could be. Could, not should or will be. For our lifetime & the next you’re better off dealing in the reality of Digital Real Estate or Gold with the ability to borrow against it while converting the the local currency of where you live.
Saylor is losing the plot It’s Peer to peer digital cash Not Peer to peer digital gold And not Peer to peer digital real estate
Man, what a day. https://i.nostr.build/WG5zk.gif
Why would an ETF cave to Saylor? What power does he have over them? Need more details.
Because he's the #1 ETF pumper out there
Exactly. And also, what etf has ever publicly stated they are using their personal funds to support open source devs? None. That I know of. What funds? Fees from the ETF? So anyone buying the ETF are the ones funding devs? Doesn’t pass the smell test.
The reasoning is he was a CEO of a publicly traded company. He had a fiduciary responsibility to the shareholders to make sure his fiat federal reserve notes didn't melt away to inflation. If he thinks ossification is the way to continue to deliver shareholder value he is going to promote that...because he has to. I'm not defending that, I'm just stating a fact.
Sure, with illegal, behind the scenes, manipulation tactics dealing directly with public ETF’s? Are people fucking retarded?
I don't follow where you're going with this.
"Lock up the bitcoin forever.." Isn't that the Black Rock attack vector? Keep buying, never sell, and wait it out a few decades until you reach a critical mass? The game theory doesn't help much if they position themselves to be filthy rich whether bitcoin wins or not..
I just think, on the whole, he is a decent guy.
What the fuck is the question here?
Exactly. Hey Saylor, why are you bullying ETF’s and trying to kill open source devs? Is that it?
Stacking Sats > Staying Humble > #Simping4Saylor
Math checks out.
I crunched the numbers. It took forever Laura.
