Have seen some back and forth about MSTR and the hard core maxis, but no one seems to be addressing the biggest risk IMO which is even if Saylor is exactly as advertised, what happens when someone in the deep state asks him to turn over his keys for “national security?”
Does he have a plan for that. Would love to see a journalist like say nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech ask him that. Does he have a contingency plan, where somehow if that happens, all the coins get auto-distributed via trust to shareholders?
We can all see the debt growing, the crises forming, the state acting increasingly desperate with censorship and flooding the country with illegals. That it would ask for the coins doesn’t seem that farfetched especially after the 6102 precedent.
(Also applies to ETFs obviously.)
I’m an MSTR shareholder, FWIW, would love nothing more to be totally off-base about this risk.
Hey Chris, please scroll to the bottom of this page https://finviz.com/quote.ashx?t=MSTR&p=d
It lists constant selling of MSTR shares by M. Saylor. So on the one hand he's making valid rock solid undeniable points about BTC and MSTR, but on the other hand he's selling every 5000 MSTR shares awarded to him!? Does this make sense? Even if he needs 200Mln for his yacht or a new mansion, why not borrow it with his shares as collateral? Wasn't the basic idea to short fiat instead of going long?
Think he announced those sales ahead of time, can't remember the exact reason, but I don’t think it was shady. But that doesn’t mean we should trust MSTR blindly, either.
Hey Chris, no matter how hard I try to come up with a reason for Saylor to sell his MSTR awarded shares, I just cannot find any. His selling goes against all points he makes in his numerous videos. Or maybe... Let's assume he's short USD to his eyeballs on his personal account and apparently can't roll over that debt. Then maybe it makes sense to sell his shares. But then again, how hard can it be to refinance, even at 20%, if you hold an asset growing 30+%. It starts to feel like "Do as I say, don't do as I do".
