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205 sats \ 6 replies \ @DarthCoin 27 Jul \ on: How and why would bitcoin treasury companies become neobanks? bitcoin
Saylor aspires to turn Strategy into a neobank
I've said that long time ago and multiple times here on SN and also provided the video in which Saylor mention that specifically.
Michael Saylor say it very clear: he will buy all bitcoins available, will HODL them and later will lend them as collateral to all poor guys that today do not want Bitcoin. In plain sight you have the banksters and billionaires plan: to enslave you again in debt. If you still do not understand that, means that humanity deserve to be forever enslaved by few…
and here is the video:
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150 sats \ 5 replies \ @siggy47 27 Jul
I remember first listening to Saylor and he would describe how rich people never sell their assets, they borrow against them as collateral to pay their expenses.
When Saylor and his insider friends began selling mstr (they're still at it https://www.marketbeat.com/stocks/NASDAQ/MSTR/insider-trades/ ), it became obvious that they knew mstr wasn't an asset.
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86 sats \ 0 replies \ @optimism 19h
Thanks for that link, its a good one to have!
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36 sats \ 2 replies \ @xz 27 Jul
What is mstr? Strategy borrowing against assets as collateral to pay their expenses?
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143 sats \ 1 reply \ @DarthCoin 27 Jul
What is mstr?
used toilet paper
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0 sats \ 0 replies \ @siggy47 27 Jul
😀
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36 sats \ 0 replies \ @DarthCoin 27 Jul
rich people never sell their assets, they borrow against them as collateral to pay their expenses.
100% explanation for fractional reserve hahahaha and clueless people still fall for this trap.
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