Very interesting analysis. Recently read, might have been you who posted, that complex answers suggest lying, and boy was saylors reply circumlocutous. Phong hardly moves a muscle during the 2 minutes too π€¨
I'm increasing my percentage from 10 to 40% chance something fishy is going on.
I'd guess them being found out as frauds would crash price (never understand why someone NOT having bitcoin crashes rather than raises price). Lame
I think the pressure will mount as more and more people become suspicious. This will either force Saylor to provide the very easy proof, or force him to double down on the lies which will become more and more obvious as time goes on.
Do you know much about saylors past? I'm ignorant, but I'd heard back in the day when his stock crashed spectacularly, there may have been mutterings of foul play. Can't recall any details though
Yes, he has been dishonest in the past.
Tax evasion in 2022, he paid a $40M fine in 2024.
And exaggerated earnings in his companies filings in 2000. He was sued by the SEC for this one and settled with an undisclosed sum along with assurances not to do this again.
More signal.
Interesting. If you're right, this is gonna be very fun to see play out (price aside π₯²).
Legal caveat!
I'm neither right nor wrong, all I'm saying is I don't know π
so saylor turns out to be the next SBF, rugs half the internet, bitcoin crashes a bit for a year, everyone learns from their mistakes, we pump again and we all self custody happily ever after
That is the extrapolation of past events I think about. But does it have to come with a crash? So paper bitcoins get rugged, shouldn't our real ones then go up in value. Grrr
Dump on the news, pump on the value.
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itβd be cool if it makes nothing more than a tiny whimper, but I imagine a microstrategy earthquake being pretty similar to FTX because of relative size
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