I would prefer to own Bitcoin in self-custody than MSTR every day of the week
Everyone looks at MSTR outpacing BTC, but forgets the counter-party risk
Plus watch it plummet to the downside as we switch to a bear market a year from now
Discussion
I kind of view it as MSTR is nothing without #Bitcoin.
The trophy asset is #Bitcoin.
MSTR is a shitcoin. Pure gamble.
Maybe this is the gameplan:
Sell MSTR at a profit
Sit in dirty dollars awaiting the bear market
Buy Bitcoin during the bear market
End up with more Bitcoin than you would have otherwise have had
Not for the purists, ok for the tourists.
That’s why Saylor is constantly buying, he needs to avoid the bear effect or it’s game over. Everything I wanted to get away from with bitcoin. Corporate greed. I want freedom not reliance on one corporate person’s plan.
I watched Saylors last interview with Natalie Brunell and my bullshit detector went off big time. Probably nothing tho.