Watching Saylor on legacy media, having invested F&F myself, who don’t put the work into Bitcoin. I now have empathy for the “never directly answer a question” technique, which is frustrating for viewers and the interviewer, but essential for the person being interviewed.

So I can give the summary when he couldn’t.

My joint statement with Saylor is:

I don’t know what’s going to happen to the price in the future, but it’s going up at some point.

Yes, the price is going to crash at some point in the future.

I don’t think other companies following Strategy’s Strategy understand what they’re doing.

If Bitcoin goes to zero, we don’t go bankrupt.

https://www.youtube.com/watch?v=Sj_apiQdDbQ

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That's about as clear a statement as you'll get, to the effect that they don't have 1:1 collateralisation. They are a fiat company, so it doesn't matter if Bitcoin goes to zero.

saylors model for bitcoin is everyone use a custodian. fuck that guy

We've had discussions about that 😂

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To be clear, if Bitcoin goes to zero, to avoid bankruptcy, he would have already liquidated all of Strategy's BTC well before then.

Hey, I'm just the spokesman, you wanna speak to my boss.

Also, I still don't think he has any actual Bitcoin 😂

😆 Fair point. If he doesn't have it, he can't very well admit that he'd sell it.

That would be the greatest Ponzi scheme of all time, selling the paper Bitcoin you never owned in the first place 😳

Charles Ponzi would be rolling in his grave 😂

Michael soiler

I'm considering changing my name to Michael Cruiser 😂