He may not share your world view - I don’t either, but yeah I’d say his actions match his words. He says he likes Bitcoin and he is playing the game to acquire more of it.

Plenty of practical reasons not to pay employees in btc, not publicly reveal method of holding etc. Has he ever publicly said anyone should own MSTR over BTC itself?

And no I’m not ignoring what you posted, but I’m not sure what should be done about it. Bitcoin is money for enemies, after all.

They are likely pretty much all instutional investors with mandates they need to operate within - such as only buying dollar denominated bonds. So it’s very unlikely to be a straight choice for them between these bonds and buying Bitcoin.

What Saylor says on that interview is essentially governments will continue to exist in future, and so will tax of some variety- and hence they will likely still issue their own currencies. And if they do, he will likely prefer borrow the bad money, rather than spend the good. Which is pretty much exactly what he is doing now.

Have you heard Saylor on Saifedeans podcast - conceived in liberty with Patrick Newman? 2 episodes and 4 hours talking about Rothbard. He may think governments will always exist but he doesn’t exactly believe in totalitarian control and big government - I’d say totally the opposite from listening to that…. Unless he’s lying over 4 hours of a podcast of course.

I know I don’t get it or measure up here…sorry!

What do you think is the end goal with the Bitcoin strategy?

It’s essentially a call option on the Bitcoin price within standard debt markets - given the convertible nature to MSTR equity. Appears like plenty want a piece of it - hence the interest rate at under 1% pa!

Can’t stop, won’t stop… it’s actually antagonistic to the rest of the market isn’t it.

Yes and I don’t necessarily disagree with you, but given the situation I wouldn’t have expected Bitcoin to have at all reacted to ordinals yet. At the very least let’s see how it plays out over the next several years.

My view is that birthday message via op return may yet get a little pricey in dollar terms - let alone any kind of ordinals space needs. I think they will just be priced out. When you say financial transactions - that’s surely going to be the most efficient use of the block space data, right ? Billions transferred via the use of a hundred bytes? Hard to compete with those transactions.

The analogy doesn’t quite hold though, does it - spam has no significant cost to the sender. That was one of the main drivers for Adam Backs work in the first place around proof of work. Ordinals come at significant cost, which is already proving not to be worth it (hence back to 10sats per vbyte)

Playing devils advocate slightly - how about me posting a simple message via op return on the blockchain. Should that be outlawed?

Just to pick up on a couple of those points -

-don’t disagree really on ordinals, but be warned that block space will become very scarce in time anyway. Plebs will be priced out from layer 1 over time - but it’s by design. Block space is wholly scarce within a fixed time period. Out of interest what would you consider doing to stop ordinals?

Re people chatting about price, I agree it’s annoying. Welcome to the bull market I guess.

Interesting - could be the sign of a massive bubble.

However, the two following things can happen in tandem in the coming years-

Hence the fact there are no shorts probably reflects that the Fed is trapped in a corner.

It’s an interesting idea, though I hope it never happens for the following reason.

Silver has a stock to flow of about 20 - or 5% new stock every year. So it’s not going to play a huge role as a long term store of value, as you mention. More comparable to dollar bills.

So if it did happen, it’s a world where cash has been outlawed, and also dollars and other currencies are depreciating far faster than silver - enough to go back to this place. I kind of hope not, but you might say we’re already halfway there..

Congratulations! My advice would be - I’ve seen a lot of friends have hugely long engagement periods, which I’d try to avoid. The danger is that planning a wedding can become somewhat all consuming - it will automatically fill whatever time is available to it.

Along similar lines, Kevin Kelly said it best “Weddings don’t have to be perfect to be wonderful”

Good points. Looking at it without considering the emotion of the subject matter, they are courting some short term profit, but at the expense of some long term readership. Strikes me as fairly high time preference stuff. Bitcoiners have pretty long memories.

The media model is pretty screwed nowadays, so I have a slight bit of sympathy to their predicament. As you allude to, it will be interesting to see if Bitcoin can help change it. All our time is scarce; perhaps in the future people will have more respect for the value of their own time hence more willing to pay for quality content without being constantly advertised to.

Not it but thanks for replying!

So I think I have found the cartoon it’s based on - still not the meme itself - if that helps

Sure - hadn’t seen that before. Will replace this

Coinkite for sure. Great brand

I’ll go for a mix of Cathie Wood and Jason Williams…

“Bitcoin is the first open-source, global private digital rules-based monetary system. Hard money you can’t fuck with.”