does so much accumulation on BTC and bond liability force MSTR to rehypothecate their bitcoin? or will eventually?
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does so much accumulation on BTC and bond liability force MSTR to rehypothecate their bitcoin? or will eventually?
MSTR doesn't have ANY BTC. They have only IOUs.
MSTR is a fucking scam.
I have always wondered where they are buying from.
Never seems to move the market in any way.
Paper bitcoin?
Conbase...
https://www.timechainindex.com/?resource=ChartsCoinbaseBUM
Yup. Saylor/MSTR is a psyop.
I know too many fools who will get rugged when that shit comes crashing down.
I just dont get the logic behind his debt.
If btc stays stable or dips, he will be dead in the water.
I could be wrong, I am not too interested in him or his antics.
It's all a wall street boys game...
It's all artificially created. And he's backed by big guys. He's just the frontman, remember?
He have access to free money (endless fiat) to inflate the BTC price, "announcing" that he bought x amount of BTC, so will create the illusion that MSTR is more valuable now and losers are buying his shit.
Also others are excited by this and start buying ETFs (BlackRock).
IT'S ALL MANIPULATION OF THE MARKET.
This is not real adoption of Bitcoin. Just a big fucking FOMO. They are trying to do with BTC as they did with gold: make non-usable, just as a reserve.
And unfortunately that will be the death of Bitcoin.
Lately what he has been saying about bitcoin has been off.
Now that he has a bunch of support, is he going to be pushing his own ideas?
Coinbase is managing this much btc?!?
correction: IOUs BTC
Please read and learn who really is Conbase: #78930
Is a fucking scam run by the govs and banksters!
🎯
Oh look. Darth is right ...again.
Shocker.
I think they are buying Bitcoin... to keep at Fidelity and Coinbase?
Broken record here,
MicroStrategy doesn't actually own any bitcoin. They just have an IOU via Coinbase that we can only assume us being used to sell paper bitcoin to unsuspecting noobs who also don't self-custody.
Only self custody matters.
Possibly
I'm more interested in how this play comes apart.