Michael Saylor:
- actively blocks open source devs
- wants regulatory clarity
- gives all his BTC to Coinbase
- wants to generate yield with paper btc
- doesn't know what energy is
Why does anyone listen to this retard honestly
Discussion
He wants yield?
Saifedean needed to explain to him that yield doesn't work in a fixed supply but he wants JP Morgan to do it anyway
Deep. Sigh.
Was this from the most recent podcast?
fuck Saylor and fuck JPM.
You can always create debt. That's all yield is. It's the rent on money loaned and you can definitely have it with a fixed supply.
It just means that you'll get recked faster because you can't devalue your debt... Unless you're an ecash fool that wants to create mints.
Then your back to the same shitcoin universe with mints creating more ecash than they hold in sats. Like a dog back to his vomit.
You should listen for yourself. They were talking past each other on "yield". To me it sounded like Saylor was saying people will still need loans and bitcoiners would lend their bitcoin provided the " bank" were reputable. Seems like a rational prediction. I don't agree with Saylor on many things but he's not dumb. He was not advocating for the current yeild nonsense.
Exactly this. What I think is hanging people up is that Saylor repeatedly referred to "risk-free". In the context of the entire conversation, however, it's clear he was referring to the fiat system which he said wasn't going away in the next 10 years (this doesn't seem an unreasonable working assumption to me). What nobody bothers to mention is that Saylor also clearly acknowledged the counterparty risk inherent in lending Bitcoin for yield in Bitcoin terms; and this is correct. There is the obvious risk that the counterparty may not live up to the deal; but there's nothing about a fixed supply system that prevents a counterparty from returning more Bitcoin than what was borrowed (i.e. 'yield') any more than it prevents a renter from paying a landlord at the end of the month in Bitcoin the renter hasn't yet earned - which is a point Saylor tried to make; but by that time, Saif was a brick wall.
Valid points…
all true. At least he's good fit for memes
Anti p2p MOE afaict
Most recently, just to be aware. I wonder how and when his greed will get him in trouble?
Not his keys, not his coins
he's a fiat cuck
useful idiot.
I wrote this on March 2 2024
good question.
Don’t make me tap the sign 
Oh I thought this was satire.
If not, Yeah this silly. I chuckled.
This is 100% real and I share it all the time
Other questions include
Where did Saylor get started (MIT & Air Force)
Who funded Microstrategy to get started (DuPont)
What product do they sell (I can’t figure it out)
Why do they have offices all over the world (good question)
He's got more BTC than you have, Mr. Poor.
As if #rich 🤑 #fiat wealth hasn’t corrupted humanity for years: Mr. Obvious 🤣
You want to make a list of all the people who have more resources too? Do it. Then check the value they give to #humanity
Or he is just playing smart 🤷♂️
like attracts like.
and...
stupid is as stupid does.
He claims that he is taking his BTC to his grave
And yet he has already given it all to coinbase!
nostr:note1apdj8qe5gyu5j8rhxvw30tqame2j8tzyp3gu74sh4kucz65jg4wqp8cxs4
Copy paste:
Incentive theory.
People are only as good as their incentives.
-He’s worth so much that his values are becoming skewed. A lot of what he says now is deliberately careful. For example He knows that referring to BTC as money puts him at risk from harsh govt regulations (think Tornado cash) so he goes out of his way to say btc is a commodity, not a currency. We all know btc is the most fungible commodity ever so… it’s definitely a currency.
I love the guy since hes the one that orange pilled me in 2020 on lex but people need to be prepared for the day when he does something that lets us down.
I’ve said it before and will say it again:
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m is a rocket 🚀 scientist 👨🔬
He’s well aware he owns a #monopoly
It’s his to sell.
This is how #fiat money worked. Why wouldn’t #btc be corrupted by #rich people who believe they are above others?
#btc #nostr #2024
Bro wtf is happening to Nostr - this thread is SOOOO spammy and ReplyBotted. Sad to see it. People aren't gonna stand for this shit for long
Bro wtf is happening to #Nostr - this thread is SOOOO spammy and ReplyBotted. Sad to see it. People aren't gonna stand for this shit for long. #asknostr
Cause he is pumping everyone's bags.
I always thought this guy was useless beside for meme inspiration.
He is like the Musk for Bitcoin, everyone like them until we realize who they really are, then everyone hate them but unfortunatelly almost no one will really ignore them.