I am literally outlining a specific risk to MSTR because Saylor is a single point of failure.

I am looking for people to defend MSTR not attack it. I am *doing the attacking* (despite owning some), or actually *because* I own some, I want to understand why more people don’t acknowledge this risk.

I don’t need a 101 course on counterparty risk. I am trying to understand why people are minimizing the risk for this particular counterparty.

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Sorry can’t defend as I agree.

MSTR are a different type of ETF

Why ist Sailor a SPF?

Potentially greater upside is how you would need to justify the additional risk. Kind of like when you try to justify buying shitcoins.

I am not looking for more critiques. I am *making* the critique. I’m looking for why this is different.

This is all I can come up with:

Many in society have been to trained depend on someone telling them how to think. Be it religious leaders, teachers, coaches, celebrities, politicians. Very few teach children and adults that it is ok to think for themselves. They latch onto people instead of ideas.