What people don't understand is that people don't like cheap stuff. Until Saylor buys another stack and pushes the price up, no new money is gonna come in, neither from people, nor from corporations, nor from shitcoins, nor from governments.

Without Saylor we are stuck here forever.

Reply to this note

Please Login to reply.

Discussion

There is no alternative.

Central Banks will lower rates & the currency printing will intensify.

Saylor via Strategy is just taking the most logical path forward. Fiat currency debasement is both inevitable & imminent.

We don't need Saylor or Strategy but their actions are accelerating Bitcoin's monetization. I can't believe more aren't taking advantage of the information asymmetry. It will seen obvious with hindsight.

I managed to onboard a couple of relatives when Trump got elected at a price of 95k (all time high then). They came back to me after remembering my bitcoin preaching years ago. But nobody ever later. The SBR to everyone, even to rather high level directors sounds like a new type of engine in a Starship or something, i.e. they think "sth complicated, who apart from the engineers who understand it cares".

They only like high prices, I promise you. So it is all up to speculators to raise the prices based on CB action, as you correctly noted, and Strategy. People, including CFOs are just too proud to be sane. Low price choice in a supermarket is a shame, and they apply the same subconcious logic everywhere.

Bearish, sir. Everyone comes when they're ready. They usually regret not buying sooner, but they don't understand that's not possible or desirable for their own sake.