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21 sats \ 0 replies \ @rothbardllc 30 Dec 2022
Willy is right. Michael Saylor is not about bitcoin as resistance to state control.
Instead he's an active collaborator advocating more regulation and more mechanisms of state control. He's in it for his own wealth. He's an opportunist, not a believer in freedom.
He's going to learn the hard way that he's just renting his big pile of bitcoin for the future benefit of the US government.
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10 sats \ 0 replies \ @howard 30 Dec 2022
Sure, whales can move the market if all you care about is fiat, but they can't change bitcoin. The Blocksize War showed us that.
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5 sats \ 0 replies \ @timechain 30 Dec 2022
Yeah, as someone pointed out, unlike a POS system, holding more doesn't give you any more influence over the protocol, especially since, as of now, they are not involved in mining in any way. When saylor came aboard recently, we got a wonderful salesman, imo.
Even better, Microstrategy seems to not have weak hands and although they didn't "stay humble" by spending others money on bitcoin, they made sure they had an incredibly low liquidation point and are ready to sell other things to protect it.
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0 sats \ 0 replies \ @Trey 30 Dec 2022
This is simply business and control, people don't just get it..
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