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2 sats \ 4 replies \ @k00b 10 Jul 2021 \ on: [For the lols] Why you should be terrified of owning Bitcoin bitcoin
... other than outliers like Elon Musk of Tesla and Michael Saylor of MicroStrategy, corporate leaders show virtually no interest in parking corporate cash in Bitcoin.
This might be an interesting data point if we knew how many corporate leaders understood Bitcoin.
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3 sats \ 3 replies \ @shawnyeager OP 10 Jul 2021 freebie

As it just so happens, @nvk has done the heavy lifting here.

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3 sats \ 2 replies \ @k00b 10 Jul 2021

😱 58% of $MSTR's market cap is coin

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1 sat \ 1 reply \ @shawnyeager OP 10 Jul 2021 freebie

Crazy, right? You may have seen that Saylor spun up a subsidiary called Macrostrategy to hold the 🌽.

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2 sats \ 0 replies \ @k00b 10 Jul 2021

Bonkers.

I love the way he explains the macro environment but he gets kind of inconsistent about devaluation when it comes to calling bitcoin currency. It seems like he's hedging against regulatory risk hey govna I'm pro-dollar while simultaneously shorting the dollar.

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