I reached a point of acceptance over why Saylor will never say that Bitcoin is (or will become) a medium of exchange (or as he says, currency) AND that it will replace the dollar and government bonds. It’s because he doesn’t want to poke the Beast.

He’s completely wrong on those two counts, but I get why he either lies intentionally or deludes himself into thinking incorrectly.

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Agreed that he is presenting a face that may or may not reflect his true thoughts. But he is avoiding saying things that are too controversial.

There is also unrealised gains, losses and other wall street accounting "magic" which demands that Bitcoin is in a specific asset class to make THEIR shit work. In other words, there is many reasons why he is swinging the narratives he's swinging and it's why he cannot be trusted.

Well he can also just not touch the topic until it inevitably happens in the future when Btc evolves from SoV to MoE like Money always did

Self preservation most likely

Self-incentives

Saylor is the quintessential salesman. He will not rock the boat, just tell the story that he feels is most compelling to sell what he’s selling without bothering those who can stifle him.

I think he is a statist and he benefits from the current system. He is incentivized to root against the MoE thesis.

He knows. Deep down he knows he's stacking for Uncle Sam.