Replying to Avatar Seth Michael Steele

The ripple effects from MicroStrategy’s dive into #Bitcoin could be turning into monumental waves. Each wave is a different company, could Dell be the first one to hit shore? Could it be dwarfed by successor waves?

There’s no titan like Saylor, but Saylor isn’t the biggest titan. He was the first, and you know what comes after the first? ALL of the others. This was never going to be another retail cycle, it’s the first institutional cycle, I’m expecting a lot of irrationality in the markets as the titans get their bearings. Right as the silt settled the institutions came to romp, stomp, and murk up the waters again.

If I were picking stocks the most important thing about any company would be DO THEY HOLD #BTC? While this is a rare qualification to have nowadays, I believe moving forward it will become a more important part of mainstream investing.

You can see it with stock prices jumping on authentic or false claims of companies adopting some sort of #Bitcoin standard, I believe the amount of people responsible for such jumps will increase astronomically. Maybe to a point where not operating on a #BTC standard is another nail in the coffin for companies who aren’t providing adequate shareholder value.

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GLACA 1y ago

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