He envisions MSTR being a "Bitcoin bank" and bitcoin having intermediaries. He has shit on lightning / coinjoin etc from the start which makes me question his motives .
Discussion
Question his motivation all you want. The point is it doesn’t matter how much shirt 👚 crap 💩 coin he sells. It’s predatory on people who don’t understand how pie 🥧 in math 🧮 works. #btconly
Bluntly: the idea of becoming a “whole coiner” is an ego thing. It doesn’t matter as #sats can be drilled down almost to infinity.
Losing the desire of being a whole-coiner may be a lost “trophy” some have yet to accept. Long-term strategy though.
Make sense?
MSTR will likely be a Bitcoin investment bank by 2030.
Most people will use intermediaries to use BTC. For various reasons. (complexity / costs / risks / smaller transactions / regulations)
I think he's just selling it to TardFi and telling them what they want to hear. He's using the lightning network for some projects within the company I believe.
I don't think MSTR makes it that far. I don't think there are such thing as investment banks in a bitcoin world.
The free market is a far better capital allocator