It's a constant challenge for me to adjust out of fiat measuring and into Bitcoin measuring. It's like changing from imperial to metric, or being at the start of learning a new language.

A paradigm shift.

I try to think in descending Moscow time, not ascending dollars.

But it's really hard. I have to untrain the brain.

On that note...

All the new "Bitcoin Treasury Companies" that popped up this cycle are fiat thinking, right?

I mean, I understand Preston Pysh's analogy that they are a transmission; and Saylor's analogy that they are like a pump or refinery.

But they do not of themselves provide individuals with custody of #Bitcoin in the end.

If, say, the focused end goal for an individual is to own (have custody of; bearer asset only) sound money and exit fiat, then all these complex stock offerings and financial vehicles are really disposable, aren't they?

Disposable = useful for a bit, but definitely meant to be discarded.

Like a game of hot potato. "Hold it, but not too long..."

They use Bitcoin price appreciation to offer fiat users more fiat...but that fiat must be eventually dumped for sound money if a guy is a Bitcoiner.

So they are just a slow motion, long time frame, pump and dump?

They are adjacent to #Bitcoin...but are filled with so much fiat conversations and terminology.

shares and stakes

durations and dividends

rates and risks

shareholders and CEOs

options and regulations

disclosures and capital drives

investor interest and ATMs

mNavs and Josh Manns

I think I will just keep trying to get rid of fiat and get more of what Saylor really wants to get his hands on.

What we all really need to get our hands on.

Sound money.

I don't want a leveragable derivative of sound money.

I just want sound money.

An ethical, accessible, non-jurisdictional, accurate, opt-in standard for measuring, preserving and exchanging value.

#Bitcoin