This is crazy to think about! According to his models, $80k (72M sats) in yearly expenses, one could save $40k a year and do a 50-50 STRD, STRC split, reinvest the dividends, and can retire in 5.5 years! Absolutely mind-blowing.
One thing I will say is if MSTR blows up a lot of people will HFSP!
Where does the yield come from?
it comes from selling shares to new peeps, i.e., constantly finding new
capital/peoplesuckers.Financial engineering!!
That's not an answer.
Hahaha we would need to review MSTR’s balance sheet and income statement to get an idea on how they are paying the yield
I heard from a very reliable source (SN, @denlillaapan) that Saylor is ponziing: #1034837
yes
How can it be a ponzi when he holds over 600k BTC?
I have a hard time keeping track of these offerings. I own a bit of STRF and STRC.
I own STRC and STRK
"own"
omg, this is pretty terrible... when the giant blowup happens,
it is going to destroy credibility in bitcoin for like... 2 weeks lol;
then it'll be time for the next great distraction;
on another note, stop gambling with fiat instruments!
basically can't blow up (unless they do something new/dangerous, or bitcoin itself dies)
read this: #1081555
"It's a dirty job but someone's gotta do it!""It's a dirty job but someone's gotta do it!"
That’s my thought. I always think bitcoin can have a zero day bug and this whole project goes into the toilet. We never know what can happen to anything.
Perfect we can stack cheap sats because fiat will strengthen against Bitcoin!
whosoever participates in the fiat empire shenanigangs, is a part of the problem; the bigger the commitment, the more the problem is built up; why contribute anything??!
Saylor here or there...this is a very risky "investment"...I don't think it's worth risking large sums of money on this...
"Only risk what you can afford to lose"...a rule of thumb!
Agreed but it’s an investment based upon bitcoin so it should be safe right?
This reminds me of the period of time when I was a shitcoiner listening to all these YouTubers making money on pump and dumps and sponsorships speaking with complete conviction and it always puts the hair up on the back of my neck.
Everyone planning for what's supposed to go right, discounting everything that could go wrong to zero.
Yeah MSTR can blow up but Bitcoiners were wrong about MSTR way back when. Thus a lot of Bitcoiners missed on easy fiat gains that they can uses to buy more Bitcoin or pay off fiat debt.
If a Bitcoiner continues to stack and send to cold storage and wants to play the growth game with these stocks with a DCA strategy from their fiat job I think it’s worth a gamble.