I said in a previous post that I felt I was being slowly Saylorized
And I still have a soft spot for Strategy
Much of the interviews with MS are the same, the host is a rabbit in headlights
But I'm going to go away from the pack and say that, while what he's doing looks like using Bitcoin to sell his stonks, I think there's a future in his what looks like reckless financing
Maybe I'm wrong, we shall see, admittedly owning mstr or strf or any of the other instruments, you first have to entrust your hard earned pennies to a ruthless broker and to Saylor's stonk, so that's two potential reasons you won't get your money back compared to just stacking sats in cold storage
So for the purist maxi that's an absolutely ridiculous suggestion but for the majority of pension funds, investment trusts etc this is par for the course
We can argue all day about how money should look away from the hands of the fiat institutions and how a world of pure Bitcoinization should look
All that aside, this I paraphrased from Saylor at the end and it's clinically honest and is exactly a perfect summary of what is happening to some western democracies
When the leader of a country says, we’re going to give free health care and free housing and we’re going to raise taxes to do it.
And then everyone that creates the capital leaves.
And everyone that doesn’t create any capital arrives.
You’ve swapped out your productive citizens for non-productive citizens, and the entire economy collapses.
I said in a previous post that I felt I was being slowly Saylorized
And I still have a soft spot for Strategy
Much of the interviews with MS are the same, the host is a rabbit in headlights
But I'm going to go away from the pack and say that, while what he's doing looks like using Bitcoin to sell his stonks, I think there's a future in his what looks like reckless financing
Maybe I'm wrong, we shall see, admittedly owning mstr or strf or any of the other instruments, you first have to entrust your hard earned pennies to a ruthless broker and to Saylor's stonk, so that's two potential reasons you won't get your money back compared to just stacking sats in cold storage
So for the purist maxi that's an absolutely ridiculous suggestion but for the majority of pension funds, investment trusts etc this is par for the course
We can argue all day about how money should look away from the hands of the fiat institutions and how a world of pure Bitcoinization should look
All that aside, this I paraphrased from Saylor at the end and it's clinically honest and is exactly a perfect summary of what is happening to some western democracies