Oddbean new post about login | logout Why buy a shitcoin when you can just buy Bitcoin?
Exactly.
I mean that MSTR is a shitcoin sir 😂
Exactly. https://image.nostr.build/cf3ba25e10b459eed9127beabb9915090d361d1fc7a641af9b057066445e8a16.jpg
Do you self custody bitcoin? 🤔
Are you new here? https://image.nostr.build/8d9ceda4582c13fef762c2a51670d93d227d30b5b20edc3f561a26ab81550803.jpg
If you don’t take physical custody of your stock certificates, then you have an IOU (which is a shitcoin). Just spittin facts 📠 https://video.nostr.build/75ba0a3d1f9ada1239c2d979b0e2b98ea425f7f6cbffc6470bf56af8a26d63f2.mp4
Exactly. 👍
You right now https://image.nostr.build/fea767342352ce54e981a1ddd6d989e2a83dbbb6e190a4738e2c05f3e14418f2.jpg
Ha. No. Kind of. Yes. Shitcoins are staked unregistered securities designed to rug pull by the stakers. No rules. None. Stocks are registered securities & not shitcoins. By definition. BTC is BY FAR superior to them all. By far. But for some that have “trapped money” in retirement accounts, MSTR is the Alpha play. IMHO. 😎💪🫡
I agree in retirement accounts it’s a good play but there is rug risk and if/when the dollar collapses, that retirement account will pay you out in worthless fiat. But since the government and stock broker can turn off the buy button, then it’s not much of a stock. Before people used to trade stock certificates physically. Now they’re all held/managed digitally by the DTCC. There are rumors that there are more stocks in circulation than stocks that can actually be redeemed so there are some stock printing shenanigans going on. Self custody Bitcoin is king.
