Replying to Avatar Sourcenode

The more I think about MSTR the less I want to buy it.

Yes it's pumping and will likely continue.

Yes it's currently outperforming BTC.

Every dollar spent on MSTR is a dollar that could have been put into self custody sats, but is instead giving Saylor more credit to buy those sats from the rest of us and keep them at coinbase.

Is your personal goal to accumulate fiat or is it to radically shift the global financial system away from fiat?

All I see is another lesson in time preference.
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CitizenPleb 1y ago

It’s better to buy bitcoin, but eventually all companies on a bitcoin standard have to outperform the underlying asset in a bull market in order to attract capital.

The S&P will lose its benchmark status, until enough public companies unseat those which do not hold bitcoin or grow faster in the short term.

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Sourcenode 1y ago

Once this game really takes hold all the executives and board members who don't want BTC on the balance sheet will be fired and at that point I don't know how we will slide into another bear market.

The legal framework is going to eat itself.