If you think $MSTR stack of preferreds is a Ponzi. You have the right instinct.
It’s a perfect reflection of the Fiat Ponzi that is USD, expressed through equity markets.
The beauty of it, it’s a speculative attack with bitcoin underpinning it.
They’d be #1 speculative attacker but they still have Tether to surpass.
Glad to see someone else thinking it, too.
Above Average as always, Gary. 🫡
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