To the Saylor/institution haters

Bitcoin is money, Saylor gets it. But he can't say it, because he knows that bitcoin has to eat the system from the inside out to become the world's money. That's exactly what he's accelerating now. If he comes out and calls bitcoin "money" straight up, he'll face all sorts of headwinds in his strategy.

Saylor's endgame is a _bitcoin bank_. Some people might not like to hear this, but bitcoin will need banks and other non-L1 entities in order to serve the global population. With the introduction of ETFs etc. bitcoin has ossified. I don't think we're going to see any further big changes (e.g. changes supposedly allowing everyone to transaction on L1). It just aint going to happen, sorry.

Bitcoin's adoption curve always included nation states and institutions. If you disagree, you're being unrealistic or don't understand the properties of bitcoin. Embrace the chaos and enjoy the ride 🤙