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Replying to Avatar Dr. Bitcoin, MD

I have finally figured what MSTR is doing: demonetizing the stock market.

Say what?

You see, most of the value of stocks is in the future. That’s what a PE of 20 means (95% of value is future value). WTF is a PE of 20 if not a store of value? Stocks have acquired a store of value premium. This is a money function being transferred to stocks.

MSTR is taking the savings aspect of stock holding away at a premium and buying bitcoin instead.

The same thing will happen to art, real estate, bonds, etc.

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Splintern 1y ago

Exactly. Understanding this helps explain PE ratios under the Gold standard.

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