TKay @TKay - 4d
Saylor pressed all my buttons in this interview. I don't share his view of #bitcoin at all. I would go as far as to say he is wrong in how he characterizes bitcoin as digital capital. I would not compare bitcoin to other assets we currently have like real estate, etfs, equities, and bonds. The only person who would compare these when deciding to make a purchase are folks who are purely looking at the numbers go up side of bitcoin. Consider this thought experiment, lets all of us sell everything we own to buy bitcoin. How will that even work? Who will buy our things? where do we live? rent? rent from who, they also want to sell to buy bitcoin? Are all the operating companies now worth zero? of course not. Just like how we humans don't have all our value stored in Gold and prefer to have it in operating ventures, the same will happen to bitcoin. it will end up being a small portion of your wealth portfolio. ITS CALLED THE BITCOIN STANDARD, NOT THE BITCOIN ASSET. nostr:note1uteftxf4r6nh8320zy3lswyycgtyvcstqfekekga7ruefa06dk7sjzz8y9
MSTR is the next black swan.
That’s why he wants Bitcoin yields too.
Jay Stratton @Jay Stratton - 4d
I think the comparison is fair based on how the market currently prices Bitcoin, which is as a store of value and digital commodity. It's just game theory playing out, but imo we're many years from Bitcoin being treated the defacto currency.
How? The only way I see this being true is if turns out that Coinbase (the custodian for MSTR Bitcoin) is lying about the BTC being held and that most of it is paper trading with the ETFs.
Eric FJ @EricFJ - 3d
Dot com bubble pop.
