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Saylor, the Spook, who sells Business Intelligence software 10 minutes away from CIA Headquarters, who doesn’t want to talk about Bitcoin as money, who could have been squashed any time in the past 5 years for any reason if anyone at all thought what he was doing was threatening.

Ignore that he has been enabled with capital pouring in to his zero coupon bonds in his US-publicly listed which exists at the whims of the US Gov.

Yeah that guy is secretly Ironman and he’s going to take down the US Gov single-handedly and definitely not hand the keys to 500k+ coins to the US Gov in a 6102.

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Discussion

Bitcoin Nora 8mo ago

Unfortunately, I think you are right

BitcoinSandy 8mo ago

I agree. He’s either forging a path to be the first cyber bank of the paradigm shift or he’s gonna hand it all over

StackSats.IO 8mo ago

If he was building a cyber bank, he would have built custody services with the thousands of software engineers at his disposal instead of relying on Coinbase.

He would have been angling to get his hands on SVB or Signature Bank or Silvergate who they had a $205M loan from when they went under in March 2023.

Microstrategy would have done more Bitcoin development than their one shitty DOA product which hasn’t been mentioned since launch nostr:note1q3zk4f5uxg4nfj8qr5h3568mg0seafm3rwsz3mkdkksu53w3pz3sr30hzs

Nothing suggests he’s building towards a bank, and rather his tune indicates he doesn’t want markets to think about Bitcoin as money and a dollar replacement but rather he wants the US to maintain the empire by switching to bitcoin-backed Dollars.

BitcoinSandy 8mo ago

True. It’s gonna be interesting when he hits the million mark and achieves the US strategic plan. Maybe that will be the handover moment

jgbtc 8mo ago

They don't call it a "strategic" reserve for nothing.

Detective Deft Defector 8mo ago

But if the us wants to remain the cash cow of the planet and Bitcoin *exists*, doesn't bottoming out the dollar to stack make all the sense in the world?

No pun intended.

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Azz 8mo ago

Saylor is not ending the FED, he is exploiting the FED. He is relying on the FED to socialise the losses while he privatises the wealth. He could be liquidated, so has probably made a deal to stop that happening.

StackSats.IO 8mo ago

Russia can get kicked off SWIFT and have $300B in Treasuries seized

The Fed denies bank charters to banks who want to be fully reserved

The Fed (and others) were behind killing the crypto banks in March 2023

But Saylor is secretly going to single handedly takedown the whole system and no-one is going to realise that a US-publicly listed entity is now flipping all the tables over, until it’s too late..

Saylor clearly has permission to do what he’s doing, he’d have been stopped by now if anyone saw any genuine threat

CarteBlanche 8mo ago

👀

MrTea 8mo ago

He’s built wealth by doing it within a highly regulated framework and playing by all their rules along the way. He’s done everything by the book. He isn’t a spook, nor is he a special case within the financial system. He simply takes bigger risks than his contemporaries and as long as those go his way he’ll be rewarded more than anyone else. His thesis doesn’t require the fed to end. Quite the opposite. The longer they exist the more likely they debase currency and the more he wins. If the fed ends there’s likely to be massive upheaval. In that scenario I wouldn’t necessarily want to be one of the richest people in the country

The Bitcoin Transition 8mo ago

I’m genuinely concerned about what Saylor is doing. #Bitcoin succeeds when the masses transition from earning #fiat and buying bitcoin to earning #Bitcoin, saving #Bitcoin and spending #Bitcoin in circular economies. SOV and MOE need to work together for #Bitcoin’s success.

All the punters buying #MSTR should be buying self custody #Bitcoin. I understand if your retirement fund buys #MSTR. But any other money should be self custody #BTC.

After all the only thing that matters is how large your self custody stack is. #Fiat gains via #MSTR keeps you in the broken fiat system, where brokers and institutions can literally take everything from you in the event of a financial system collapse.