Also interested in opinions! 

 Fiat is the perpetual motion machine 

 And bitcoin is the laws of physics finally kicking in with friction. 

 There should be a case where the debt is problematic in a global downturn and bitcoin bear market. I just don’t know the number that it would be for sailor to be in trouble. And I am pretty sure that sailor know that number  

 Other than defined contribution plan retirement savings, I don’t see any need for anybody to own MSTR as a proxy for native asset exposure. Hell, I wouldn’t buy MSTR with YOUR money. 

Saylor sketches me out and always has. 
Digital energy? Digital GFY. 

I’d rather deploy defined contribution plan cash into FBIT if anything but I think holding the native asset is the best move but hey, that’s just me; a dumbass pleb. https://image.nostr.build/3e46ff760bbbd01b9105fdde7a8af0c12bc32fa6ee518b9caa6068e7a3afc47e.jpg  

 to the outside world, the perception is Bitcoin could go to zero so that risk is being mispriced. Perhaps it can and we are blind in the echo chamber.

Of course if bitcoin just crashes hard (which of course it can and does all the time) the stock will get clobbered and he won't be able to get all these loans or dilute the shares as much  

 BTC isn’t going to zero. 

Fuck man, come on. Let’s be grown ups in our responses. 

 If sha256 is cracked and we don't fork in time, it can  

 Likelihood is low, if it did it would most likely be a hostile nation. 

 Extremely low, if it's cracked bitcoin probably wouldn't be it's first target, whole world runs on sha256 

 It’s also covered in the whitepaper. 
So the “surprise” factor was kind of destroyed in 2009. 

 Would be a silly move to be honest, the only benefit would be to get free Bitcoin, but then you drop the value of it in the process so no one wants it 🤣 

 If you are running a cbdc and WANT to destroy Bitcoin 

Obviously I don't believe this is possible otherwise I wouldn't dedicate my life and all my money to Bitcoin, but I try to be open to anything  

 Agree fully.  🫡🫡 

 Fair comment, if you want to just do it.

Agree too, can’t see Bitcoin going anywhere any time soon. 

 It’s not a strong argument. It just makes my conviction in BTC & MSTR that much stronger. 
BTC in cold (never touch)
MSTR in IRA - 🚀🚀 

 Negligible. 

 Perpetual motion machines do not exist. This is what you are missing. 

 https://nakamotoinstitute.org/mempool/speculative-attack/ 

 Have you observed the direction of that motion over the last 10 days or so?  It might not feel that way if you had paid $500+/share and are now wondering what happened to 20% of it.

The machine depends on continuously attracting new investment - which is easy when Bitcoin is ripping; not so much when it's not.  As a comparison, new investments aren't required to increase Apple's share price because selling iPhones in itself generates the necessary capital to sell more iPhones.