Voting to acquire more bitcoin > voting for president 
Discussion
Yes
THIS IS THE WAY
Fuck thank you for posting I need to go do that
Run.
same brother
🤝🏼
MSTR is a shitcoin
I don’t know … if they actually have all the bitcoin fully custodied they’re using bitcoin to exploit the weakness(es) of the fiat system.
Their playbook works until 10-yr treasury yields are the equivalent to Bitcoin’s annual CAGR. We have a lot of ground to cover between here and there.
I just REALLY wish Saylor would show proof of reserves and mitigate the fractional reserve risk.
"if" is only the first problem. If they do have it all and the government declares another 6102 then what?
Maximalists used to hate on any "Coin" that wasn't Bitcoin. Why the hall pass for a NASDAQ coin that isn't Bitcoin?
I stayed for the revolution.....and MSTR ain't it.
In theory, they’re showing everyone the way to win. I’m rooting for their ridiculous success because it will lead to more corporate adoption.
You’ve got to believe that governments will 6102 whatever they can. Publicly traded companies, ETFs, etc.
That’s why I am pretty sure COIN and MSTR are in cahoots and all MSTR’s BTC isn’t fully custodied … fractional reserving is an obvious pre-6102 maneuver.
Yes
I don't really understand it. Or how to weigh the tradeoffs maybe. On one hand this would pour gasoline on their ability to stack, but it does so by diluting my existing shares...?
They’ve been diluting your shares anyway. The dilution is accretive in Bitcoin terms. Diluting shares isn’t the same as diluting value.
What shocked me was the share volume. Look at Apple or NVidia. They have more than Saylor is proposing. These huge megacaps have a fuckton of shares. I think what he's really signaling is this thing will be a multi trillion dollar company.
Voted ✅
Shitcoiner
Appreciate the heads up!
don’t ever post your control number. goes for you too nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs
anyone can see how many shares you voted and can change your vote.
it’s like posting your private key. just don’t do it
lol good thing this is a screenshot I took off Twitter lmao 🤣
THAT JUMP FROM 500,000,000 TO 10,500,000,000 THO 😂
STILL VOTING YES THO—BUT IT’S A STRIKING NUMBER, I LAUGHED (21X)
Please explain why MSTR's accumulation of BTC it is good for Bitcoin.
Embeds bitcoin exposure into traditional markets. Makes almost everyone in the country and many global people bitcoin hodlers via passive indexation. Please explain why it’s not.
Less physical Bitcoin accessible to everyone else the more they accumulate. They will hoard it and use it on a broken system that honestly deserves perish a quick painful death. Traditional markets are manipulated, controlled, and ever so cucked. The whole Gamestop debacle a couple years back taught me that bullshit when I was not allowed to make my trades in time and got fucked.
While there are some benefits as you mentioned. I believe it is still easier for the average everyday person to learn how to install and manage their own bitcoin wallets. It really is not that hard once you learn. We have not reached a critical mass yet. We are still in the early adopter phase of Bitcoin. Just as the first people learning to use the internet were way ahead of the game for decades. We have to wait until there is enough sheeple using bitcoin.
Many people with lower intelligence do not understand basic economics so they do not see the value in it yet. They think it is too hard. It is just a matter of time, patience, empathy, and education of the technology.
#bitcoin
MicroStrategy's strategy is dramatically simple and crude: buy Bitcoin with your money, in exchange for a signed piece of paper... that's it, simple! By doing so, it accumulates real Bitcoin while leaving fiat to investors to redeem, and one day it will have more Bitcoin than anyone else! But even BlackRock is doing the exact same thing with ETFs. These companies collect Bitcoin with your money and give you back fiat, which you'll likely reinvest in another ETF or some other thing that still ultimately belongs to them. I'd say wake up, everyone! Learn what Bitcoin is and learn to own your private keys; that's the only thing that makes sense if you're awake and have understood what's really going on...
How does it make shareholders Bitcoin holders? Microstrategy holds the Bitcoin that it bought with your money.
And back to my original question: Why is it a good thing for one company to hold a vast amount of Bitcoin?
The demagoguery of Darth Saylor by "Bitcoiners" is disappointing to say the least.