Oddbean new post about | logout
 Saylor
https://i.nostr.build/9MS2LyhmuoMnDxTT.jpg 
 Listened to that interview. It was painful. The guy is just pumping his corn and his incentives are clearly aligned with the current financial system. 

He says: "I wanna preach the gospel of Bitcoin" but also: "Banks are necessary". So what's gonna be Mike? 
 Unfortunately if you (we) had 250,000 Bitcoins you would probably want some yield too. 
 Nah 63% year on year returns is enough. 5% yield to risk the entire stack is Greedy.  
 63% is great for sure but it will more than likely come way down and normalize. I love being early but I think about my kids kids. Yield might be obsolete by then but it might not either. I think Saylor thinks the later. I don't know and think that anyone who hangs their hat on an absolute scenario is only guessing. I hope things change for the better and that's why I own BTC, but I also own other assets too. Ones that are yielding. 
 Did someone say basically risk free?

https://m.primal.net/KwgK.png  
 he doesn't need the 5% in addition to the 50% AAG bitcoin offers. he did this for the system.