Replying to Avatar Seth Michael Steele

It’s wild to think corporations now hold a combined 688,000 BTC, and even wilder that MicroStrategy alone accounts for 77% of that.

Makes you wonder: will any company ever catch up? Or will Saylor just keep finding new ways to leverage cheap debt and keep stacking?

Every sat counts. What’s fascinating is that corporations can accumulate far more than the average person, but the real question is whether they can hodl with the same conviction as battle tested Bitcoiners.

Regulations used to be a headwind, but now they’re starting to shift. It’s only a matter of time before they actively encourage long-term holding.

79 companies and growing. 21 million BTC, hard capped. So how long before we hit a real supply shock?
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mar 8mo ago

It will keep happening up to the point that the majority of the world starts moving their wealth into Bitcoin. Then they won't be able to do that anymore.

What will happen is Strategy B will come out rich while other corporations will go bankrupt.

Eventually everyone will have to work for Bitcoin and won't be able to buy Bitcoin anymore. So the corporations and people holding the Bitcoin will be the new entrepreneurs and the no-coiners will have to work for us if they want our Bitcoin.

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Seth Michael Steele 8mo ago

I’ve always wondered if I’ll live to see the day when I can no longer stack sats with fiat…that will be a day of mixed emotions for me; turning fiat to sats seems like a cheat code.

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mar 8mo ago

Yes we will definitely see that day u unless you are 90 years old and dying soon.

I'm not sure how it's going to pan out. I doubt all of a sudden we see the fiat callopsing and everyone rushes to into Bitcoin. I think what's going to happen is there is going to be a slow but not super slow transition into fiat businesses going bankrupt and Bitcoiners taking over the slack. Bitcoiners will pay their workers in Bitcoin which will accelerate the transition.

The masses will not be buying or moving their savings into Bitcoin they will just get paid in Bitcoin and accept their destiny.

This transition is much more less chaotic. The having fiat callopse all of a sudden.