People buy MSTR for their sheer holding size. much like people don't buy MCD for the amount of burgers they sell, but for their premium real estate holdings. Most of MCD's market cap comes from its real estate holdings and franchisee income. MSTR has barely begun to leverage their Bitcoin holdings.
Speak for yourself. I see a dip and I'm like "oh boy time to buy!" then I realize I have absolutely zero capital left that isn't already in btc lol
I bought MSTR and CEP/XXI purely to gamble. I can only take on so much leverage, so I'm fine outsourcing that project to major players instead. Does Saylor and MSTR have all the bitcoin they say they do? If so, is it truly secure with Coinbase? I dunno. But I've factored that risk into my allocation size.
Dude figured out the btc value proposition and brought it to the corporate and tradfi world first. That's not nothing. Man deserves his flowers. But yeah. He's just a dude and his company is also made up of just dudes and could be lying their ass off about something. Up to you to decide if you wanna risk it for the leverage.
This has been talked about quite a bit. Strategy is a multibillion dollar public company seeking SP500 inclusion. Same with CB. These companies are heavily audited. Chamath was talking about how dumb Michael Burry was betting against these publicly traded AI companies. Burry tried to big brain his way into another big short then had the audacity to claim he didn't understand todays markets, thus closing Scion. Shorts work on insider knowledge or catastrophic event, but almost never work big braining your way through financials looking for fraud. That said, its entirely possible for Saylor to create a new debt instrument that can create significant contagion. But it must be widely adopted and none of his funds have significant capital pouring in. We ok for now.
Im sorry, i didnt mean my comment to indicate I had so much as an opinion on what you guys were talking about. Not calling out anybody in particular. It was just a general observation.
If you do sun dances and child sacrifices long enough, the rain will come. If we continue to spend like drunken sailors, 1M bitcoin will eventually come.
And continue to not increase revenue… Tax cuts don’t pay for themselves… quite the opposite. Luckily those tariffs on consumers are there….
Do you have Cashapp? If so, open it. Click "Bitcoin". Scoll down and click "Spend Bitcoin". There you'll find a map/list of merchants accepting BTC. Funny enough one of the most popular merchants in my area accepting BTC is Compass Coffee.
Pretty much confirms my observations…. It’s literally whatever you want BTC to be… It’s just a black box that you can make up whatever story you want.
I see correlation to gold and the M2 money supply, usually lagging about 60-90 days. Everything else feels like wishcasting or inkblots.
You've also claimed that BTC will be the last form of currency or whatever. Per your link: Again.... it's whatever you want it to be.....
It's the final money. Meaning it's the hardest, strongest asset. It will eventually eat all the less efficient and less secure capital stores in the world, as it has been doing for years now. It'll also eventually supplant fiat as the medium of exchange and unit of account, but I'm not concerned about the timeline for that.
