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Buying MSTR is no different from buying a shitcoin. You’re hoping other people fomo in because old money sees it as a safe bet, and they you can grow fiat and exit out in time to buy more bitcoin. This is exactly how the shitcoiners think. Of course, some never hope to get more bitcoin but many do.

Do as you please but don’t kid yourself reasoning away.

First Man Photography 1y ago

Agree. However in the UK there’s no access to spot bitcoin for your pension pot. Most pensions here are also locked, so it’s basically not your money, and we just hope we might get to some of it at an arbitrary retirement age.

With a SIPP pension though you can make your own investments so MSTR could be a good option for some.

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Discussion

HoloKat 1y ago

Thanks for additional info and context.

jamw 1y ago

This is why I regard holding my bitcoin as a personal pension that I manage and basically invest everything in that rather than into fiat pensions. (Although one can’t really avoid building those up too - main benefit to them is as a tax break).

First Man Photography 1y ago

💯 Pensions were my gateway into understanding something was terribly wrong with money.

jamw 1y ago

Yep! Plus there are so many other gateways - surprising how long the awakening is taking…

Bitcoin Mike 1y ago

💯 👍 agreed