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20 sats \ 0 replies \ @kepford 27 Sep 2023 \ on: Implications of Saylor Owning Nearly 1% of All Bitcoin bitcoin
Correct me if I'm wrong but Saylor doesn't own 1% of all bitcoin right? He owns a lot but Micro Strategy owns nearly 1% right? Not him directly. I know this might seem like a minor difference but I think its important.
My take on it either way. It doesn't matter. He is front running the market and his peers. Really the biggest threat he has to bitcoin is his influence as an influencer not how much he has. Worst case he sells and short term the price dips and we can all buy at a discount for some time. Long term it doesn't matter in my view.