idk really, i just know that MSTR is not a perfectly scarce money and so i personally wont be holding it long term 😭 "Rug pull" price action is how I assume most things will look relative to BTC over a long enough time frame; if it's truly the "baseline" measure of value for the world, then nothing should outperform it long term, and hoping that anything will keep up/outperform is speculative imo, not bad, just an investment opportunity if you see it as such!
There's also nothing ruling out Microstrategy cratering in on itself for any given reason. Just having a BTC balance sheet doesn't inherently mean you have a valuable company
202 sats \ 2 replies \ @kr OP 5 Mar
if it's truly the "baseline" measure of value for the world, then nothing should outperform it long term
i think this is a big blind spot most bitcoiners have.
dollars have been the “baseline” measure of value for 100 years, and lots of companies outperform dollars.
gold was the “baseline” measure of value for the previous 2000 years, and lots of companies outperformed gold.
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MSTR/BTC on the Log scale is compelling to look at. The cogs are turning
I agree that nothing changes about the fundamentals of investing on a BTC standard, it becomes the new baseline to bet against. It is just the nature of a deflationary baseline currency rather than inflationary ones like dollars and gold that make me question the long-term sustainability of any uptrend against Bitcoin. Most people will not need to invest like we do today as tech + BTC decreases the cost of living, but for those who do, MSTR looks to be great bet i must agree
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One generally outperforms the market, rather than the dollar. It’s trivial to beat the dollar with it inflating so damn much! Gold was mostly static in price due to fixed redemption ratios for fiat, or fixed ratios for metal. The whole “a men’s suit cost 1oz au for most of human history”.
Gold is static price, it’s easy to outperform!
Bitcoin. This will be hard to beat until we get to it’s real price (something beyond $1=1s)
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