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From Darth's pov I can sympathize with that 🫂
What's by your estimate the difference between Darth's p.o.v. and your own?
I'm coming into Bitcoin from the beginners side and I agree that self custody is the way, overall I'd say treasury companies, large banks, governments will cause problems eventually and people should look at it from a spectrum, you have beginners like me and og's like yourself and darth and one needs to follow the spectrum along the right path and not get caught out by the traps
Although sometimes we have to make our own mistakes in order to learn deeply, it's good to think about what Darth is saying.
In this case: it's fairly easy to imitate a maxi, while literally printing stonks to buy bitcoin and building an L2 of greater fools, on top of stonk scams btw, not on top of Bitcoin. That last thing is probably the most important to understand. Without a printer (in this case stonks), Saylor's scheme cannot exist, but without Bitcoin, he can do it easily: just swap for precious metals or anything really that in the public's eye only has NgU potential. Therefore, Saylor has nothing to do with Bitcoin, he has everything to do with printing stonks. Like every other low life scammer in the ponzi industry.
Thank you, that's a great explanation, I've read a lot of your responses on here and your highly knowledgeable on the technical aspects and the broader cultural points.
I don't know if I'm that awesome, haha. I just have been lucky to think about this for a significant time.
Thanks though.
I was also listening Saylor in the beginning in 2020-2021, just to see what is "his vision"... but from my POV not being fooled by his words.
And I wrote this in 2021, where I pointed out exactly what Saylor wants:
https://telegra.ph/LendingBorrowing-in-a-Bitcoin-world-07-05
I also wrote this: #446513
Someone spread your Saylor @ Atlantis "review" because I remember being linked to it - before I decided to actually participate on SN. I think that was well received.
The "own all the bitcoin and then lease it out" goal is a nightmare scenario. We'll see.
Always keep in mind what Saylor wants and is this: the homo rektus or homo fiatus
And yet you resolutely boycott the MoE use of sats on Stacker News while posturing to be a Bitcoin Maxi who lives on the BTC Standard.
I say you are a fake and a hypocrit.
Actions speak louder than words @DarthCoin your actions are not those of someone who wants to and is living on the bitcoin standard- your actions are those of an arsemilking parasite hypocrit.
Us small fries have no idea how global capital markets work. You can listen to all the macro in the world the system is so complex and so deep people just tend to say things they don’t have any clue about.
People who hate Saylor for buying coins and impressing his thoughts and opinions on an open permissionless protocol is wild to me. Not like he rugged people like SBF with FTX, BlockFi, and Celsius. He didn’t spin up scam tokens and convinced people to invest in it only to rug pull them.
He saw his company was stuck and decided to do something radical about it.
In this system we like to call capitalism if it is a good idea and drives value to the world then people will buy his stock and if it doesn’t well people can short it.
And if you truly hate him you can take your life savings and short the stock. Dont just say the hate live it with some action. But most haters won’t. They will continue to be keyboard warriors and think the world bends to their world view but sadly enough it doesn’t.
Note to self: include in updated translation guide😀
If you listen to Saylor you are a fucking moron.