It’s gonna be a long decade for the Saylor haters
Only a matter of time before MSTR is a top 10 company even if they don’t buy anymore bitcoin.
I give it 3 years
Discussion
10x in 3 years if my math is right. Doesn't sound as crazy as I initially thought
They might be in the top 10 briefly this year, but I’m talking about staying there even after a correction
Honest question, why do people hate on Michael Saylor. I’m pretty new to Bitcoin and learning, so please no judgement just help me understand. Thanks.
Some people are very ideological about Bitcoin, so they don’t like him because he buys Bitcoin for his publicly traded company using tools they disagree with. These are the Bitcoiners with socialist tendencies and the irrationally paranoid cypherpunk wannabes.
Other people don’t hate him, but constantly criticize him for not doing proof of reserve or not being on board with compulsory funding of Bitcoin developers that focus on things other than maintaining the protocol.
And others are just salty that MSTR, the stock of his company, has significantly outperformed Bitcoin since they implemented their Bitcoin strategy in 2020.
Thanks for taking the time to answer. In trying to understand bitcoin I have listened to interviews with him and thought he was so intelligent and I understand his position. I’m learning that there are Bitcoiners and Bitcoiners. Not just one community. Truly learning something new every day.
You’re welcome. Most people see him as a net positive, but you always have the haters, as with anything else. His early interviews are pretty epic, a great way to grasp the magnitude of what’s going on. In my opinion, ‘the community’ is less of a thing every day that goes by. Early on, there was a distinct community with individuals that had aligned ideologies and incentives, but as Bitcoin has grown and people with different views enter the space, the community has fragmented into niches and subgroups. There is no Internet community, and pretty soon there won’t be a Bitcoin community.
oh 🤷
Don't they have to keep buying since that's now their business
Good throwback to the MSTR hype and the MSTY yield scam.
Still time for this one I suppose.