On a long enough time frame it’s too damn complicated for me to fully wrap my head around.
I.e. MSTR can become a fiat black hole and buy every bitcoin available on the market….but then what? If there are no coins available, then they can start buying back their stock, shrink the float even more, $/share keeps going up. But then what?
I suppose all your models are destroyed and bitcoin goes to the moon, the dollar dies, mstr is the largest company on earth.
Government pressure surely could stop Saylor from continuing the plan I suppose. But that doesn’t stop bitcoin…but hence why people going all in MSTR are foolish. Trusted third parties are security holes and there are a lot of trusted third parties in tradfi.
That game is rigged and I will not be surprised one iota if they try and take MSTR behind the shed the same way they did GME.
FTB /
npub1h8z…ta38
2024-03-06 05:37:25
in reply to nevent1q…pclw
Author Public Key
npub1h8z77d0mqx8nreltfxzhw5vgv2d2yvfvn7p8nz6ugtafk9ly9tas4zta38Published at
2024-03-06 05:37:25Event JSON
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