Play stupid games, win stupid prizes.

The new Wrapped BTC. So hot right now.

nostr:nevent1qqsvsy5x9gw656ruw79clnssfxqp27nr8g54p9cz6hs906x0rfl08yqpndmhxue69uhkummn9ekx7mp0y5erqamnwvaz7tmwdaehgu3wd3skuep0y5erqffjxpshvct5v9ez2v3swaehxw309ahx7um5wgh8w6twv5hj2v3sy5erqctkv96xzu39xgc8wumn8ghj7ur4wfcxcetjv4kxz7fwvdhk6te9xgc8wumn8ghj7un9d3shjtnyv9kh2uewd9hj7ffjxpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9upzpsnz9jgkmxusuy9grv46v7cehh7966lzdsjh2mglnyxn0pwwzdsmqvzqqqqqqyqzja4h

It’s give me 1 BTC I’ll give 2 back but with suits

As much as I like Alex and the River service, they require us to play stupid get-along-to-go-along games with KYC requirements and IRS reporting.

While I think he's point is true, I think he needs to be careful with his criticism since his business reinforces the system rules.

🔴 Christians and Muslims both believe in Jesus, love him, and honor him.

🔵 They are, however, divided over the question of his divinity.

🔴 Fortunately, this difference can be resolved if we refer the question to both the Bible and the Quran, because, both the Bible and the Quran teach that Jesus is not God.

👇 The Bible Denies the Divinity of Jesus 👇

⚠️ Jesus was a servant of God ⚠️

{ The God of Abraham, Isaac and Jacob, the God of our fathers, has glorified his servant Jesus.} (Acts 3:13). 📚

www.islam-guide.com/ch3-10-1.htm

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Damn maxis were right again--this is all their fault!

You're being too simplistic

Shitting on those kinds of companies sounds similar to the way no-coiners shit on Bitcoin

Saylor can borrow money on much better terms than most people can, so it makes sense for people to invest in MSTR

This is a bad take. Completely ignores the opportunity these companies unlock having access to public markets. I am willing to to bet most of these companies own more BTC than River

All true. Thouh, to be fair (or at least more complete), raising capital at 10% ineterest via issuing preferred stock and using that capital to buy bitcoin is a solid plan. Nobody would be complaining about the marginal business expenses of managing this wrapped btc if bitcoin had been appreciating just a little faster than 10%.

That being said, It's probably a good thing that the risk involved in this plan when bitcoin is not going up has been made crystal clear sooner rather than later.

💯

That makes a lot of sense when you put it that way. That's the cost of outsourcing your self custody.

Mstr will go to 0 too.