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52 sats \ 2 replies \ @BlokchainB 18h \ parent \ on: Strategy Announces 5 Million STRC, to Buy Bitcoin (BM, Jenna Montgomery) econ
Possible but for this to fail I see three major risk factors
  1. Bitcoin has a brutal bear market. 4 year cycles are dead and the price goes down like 80% and stays there
  2. Coinbase hack they lose all their coins and will be sued by shareholders to make them whole probably via bankruptcy court
  3. The US government regulates this
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131 sats \ 0 replies \ @HardMoney 16h
Yea Coinbase btc being hacked or quantum (technical black swan) breaking bitcoin are really the main risks imo.
If it continues to exist MSTR will continue to have demand for their stock which means they can pay the preferred share yield. Eventually I think they become a BTC bank
All these products are more or less the same mechanism. Get a lot of money now to buy BTC in the moment at the expense of paying fiat interest perpetually into the future.
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111 sats \ 0 replies \ @Undisciplined 17h
I know you've looked at all of these investment vehicles way more closely than I have. My concern is that with increasing complexity comes unrealized vulnerabilities.
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