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Look, I’m the CEO who is pumping your bags to make your great great grandchildren rich, ok?
I got a lot of metaphors:
  • digital energy
  • thermodynamically sound money
  • cyber hornets
  • the island of Manhattan
I haven’t been hiding anything. Institutional adoption. The public company playbook. You do not sell your bitcoin. It’s going up forever, Laura!
You like what I’ve done to the fiat price of your bags? Everything I said is true. There is no second best.
But have you been listening to @DarthCoin? Have you listened to my words?
You’re not getting rid of the dollar. You’re not replacing the dollar. Every company, every CEO does dollar cost accounting. You’re not switching all those systems to a bitcoin standard. Think like a giant ocean liner. Think of the physics of the water. You think you’re turning that thing around? No. You know why? Because there’s Fortune 500 other ocean liners out there headed in the same direction.
I’m gonna generate yield on your Bitcoin. Give it to me. I’ll custody it and give you 5% back selling covered call options on your Bitcoin. This is generational wealth that’ll outlive you for 1000 years. @DarthCoin says to
spend your sats wisely.
@DarthCoin is a paranoid crypto anarchist. The government isn’t going to kick down your door and seize your Bitcoin. I don’t even know who @DarthCoin is but what happened to him in his journey would never happen in the United States #733426
I’m the Giga Chad. I’m Bitcoin’s poster boy pumping your bags to BlackRock and tradfi and the rest of the corporate press. I didn’t just post some lightning guides on some obscure website.
Vote in the poll below. Between me and @DarthCoin, Am I the A-hole?
[NTA] Not the A-hole0.0%
[YTA] You’re the A-hole60.0%
[NAH] No A-holes Here40.0%
[ESH] Everyone Sucks Here0.0%
[AAFP] A-holes Are for Pooping0.0%
5 votes \ poll ended
Saylor's play and self custody are not mutually exclusive. They can both be good for us.
The only A-hole here is the Federal Reserve because it poops out more and more stinky dollars.
P.s. Jerome Powell has chronic diarrhea
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Focused on the real goal: Separate money and state!
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I'm sorry but you can't separate money and state and then custody your money with a state compliant company lol
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Crypto should be the great equalizer, welcoming to all and creating opportunities for all, asshole or not :D free speech absolutists like me will defend the right of assholes to be assholes and non-assholes to be non-assholes
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Yeah nah crypto is shitconnery.
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Only the Sith deal in absolutes.
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Definitely the A-hole in this instance but I did see Saylor walked back his comments and reiterated he supported self custody and to preserve the right to do so for those that can and want to.
Still the A-hole but I will cut him some slack. He needs to be very measured with what he says to not piss off investors/bankers/regulators.
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I heard he walked it back, but didn’t see that clip.
Do you believe him tho or did he reveal his true feelings in this clip?
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I think he has to be very measured in what he says but he was a bit off the rails in the clip. Seems he wants to create a Bitcoin investment bank so maybe he is talking his book. I don’t think he is a negative for Bitcoin like some do but he certainly is seeming less like one of the cyber hornets these days.
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He plays completely into the hands of the narrative that Bitcoin is a speculative commodity, not a p2p payments protocol. This is precisely the narrative that bankers and governments have pushed by obstructing payments via taxes by designating Bitcoin as a commodity. They have introduced KYC and a few carefully selected CEXes who are cosy with the banks to track and trace who holds what. ETFs are acquiring custody of an ever increasingly proportion of the total whereby they and other institutional custodians prevent those sats from being used for p2p payments. This has significant negative liquidity consequences for Bitcoin - strictly limited issuance protocol seeking to provision global scale payments. This also prepares the ground for institutional custodians to have considerable influence on any future hard forks- all ETFs explicitly state they, not the investors who paid for the Bitcoins ETFs hold, will unilaterally decide the response to any hard fork. Watch this and learn more about this threat to the protocol-
Ultimately all of this prepares the ground perfectly for an Order 6102B Do not think the fiat bankers and governments are going to just let their power and wealth be displaced by Bitcoin without a fight. Saylor is a sell out parasite singing to the speculative commodity narrative that the bankers and governments are pushing. He got called out and backtracked but he has shown his true colours and they have been evident for a long time to anyone who has read the white paper and understands the fundamental and primary purpose of Bitcoin is as a decentralised censorship resistant P2P payments protocol- not a rich pricks speculative commodity plaything.
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@grayruby I think he actually stepped down as CEO specifically to help distance himself from MSTR so he doesn’t violate an SEC rule?
@Solomonsatoshi is right in the sense of his focus was to revive MSTR.
But doesn’t Saylor also personally directly own 17,000 Bitcoin or something? It’s hard cuz he mentions he has no kids his plan is to leave it an an endowment to his university. So I want to think his incentives are aligned, but maybe not?
Love Andreas! Big part of my story. Cannot believe Andreas can know Bitcoin so well, but not be a Maxi
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You have raised several strawmen but address none of the central points of my comment and criticism of Saylor. ~ Maybe he resigned because he was under investigation for tax fraud which he has now been convicted of- https://wtop.com/business-finance/2024/06/billionaire-michael-saylor-settles-dc-tax-fraud-case-for-40-million/ ~ To repeat ~ my primary criticism of Saylor is that he plays completely into the hands of the narrative that Bitcoin is a speculative commodity, not a p2p payments protocol. This threatens the very core principles and ethos of Bitcoin by undermining it's P2P payment capacity, viability, potential and making it more prone and vulnerable to a ban on private custody.
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He is never going to promote Bitcoin as a competitor to the dollar. Even if he believed that it would be foolish to say it. As a public company imbedded in traditional finance and under regulatory scrutiny he has to be very cautious about his approach.
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Therefore he cannot and does not honestly represent and promote the truth of what Bitcoin is. He pushes a false narrative. He plays directly into the hands of those who want to capture and control the protocol by debasing it into a speculative commodity asset.
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Haha!! Bitcoin Death Star!
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