Oddbean

CONTROVERSIAL THOUGHT: #MSTR is leverage and high time preference with a Bitcoin mask. nostr:nevent1qqsdgyxmwcmsx7zal7cq8xpgxwxslnhafazd0ms98ns3y2xvsfela7gpzpmhxue69uhkummnw3ezumt0d5hsygygv7ldj05fey7smzkf3vjy8324g7v7mwgeqdrfg6cjuql3xejy2qpsgqqqqqqskq05cp

Absolutely not, nuances are everywhere and that's fine, as it is fair to have both options. Thing is should not make confusion between the two. Saying things like "They are increasing the amount of btc per share holder" is sketchy IMO, and all of that is very far from owning BTC in self custody, but does want to sound a lot like it. Maybe I am missing something, but it is in the end all about trusting Saylor to never sell, be a good actor, believing he'll stick with the plan no matter what and so on.

I smell what you're stepping in. I believe he's only slightly corrupted by recent exposure to lights and cameras and personalities and interests... Doesn't matter really. One day they'll sell some. One day the price will go down. One day a lot of people without kids will die and a lot of coins will be lost. At least with MSTR we have some semblance of certainty of the denominator. That beats the shit out of holding a CD.

Again, I am favourable of what they are doing, and pretty sure every company will or should add sats to their balance sheet. Having Btc in balance sheet accumulated with debt isn't making your company better, but also I believe not having btc means making it weaker. In the end, the goal is stacking sats, and he is, but people that are buying MSTR are selling dollar per stocks, not per sats, and they are getting shares, not sats. Big difference.

Big difference when the fiat system is officially abandoned. Right now it's a race to the biggest number. I'm stacking con for corn and just corn. It's pretty fun really. Consider that as corn rocks, all these $1 companies, STI and GNS for example, are more or less guaranteed to profit IMO. Institutional gold rush. So while the beast is breathing I'll keep beating this horse until it quits spitting out money.

Truly not trying to toot my own horn, but I really don't see this being addressed anywhere and feel like it needs to be addressed. So here. nostr:nevent1qqsgklensaqcz45zfrtrsp4q6ruzjy70dtnhfq7jl2vl56ptgdap85cpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygylswrfet70umf5uvx5vpzteqwaysy93v56ra4lztjyalyvd4fhvcpsgqqqqqqs5gv7mj