Yeah this does seem fishy doesn't it. I can't wrap my head around how all this is working. Maybe MSTR will be the FTX of this cycle😂
Rumor of 19k bitcoin sale moves market $3k down … meanwhile an announced 55k bitcoin buy doesn’t move the market at all?
Proof of reserves, nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m …
Discussion
Just like the Tether FUD…if you really understand bitcoin, it’s obvious that Saylor doing exactly what he is doing for the next 20 years, is orders of magnitude more profitable than a short term fraud.
Selling volatility to a bond market that is ravenously hungry for it, and sucking $100 trillion of value out of an asset class that destroys wealth, into the only asset that preserves it forever.
The fiat system destroyed the bridges, hoping to trap capital in a financial repressive bond market so they can continue stealing from the productive economy.
Saylor is a combat engineer who built a new bridge, allowing capital to escape the doomed bond market, into bitcoin. It’s genius.
Saylor didn’t build the bridge. He simply bought a piece of it and began advertising for something which would benefit him financially.
Bitcoin exists with or without Saylor. He’s a good cheerleader and advocate, for now. But don’t pretend he’s not acting in his own self interest. He’s no more noble than any of us.
Yes, he did build the bridge. No one I’m aware of ever predicted this mechanism of draining bond dollars into bitcoin.
Of course it benefits him financially. The incentives of bitcoin. If he wasn’t acting in his own interests, then this will probably end badly for him. I don’t care if he’s noble, or a complete asshole. We will probably never meet in person, so how the hell can I judge? The complete obsession with “bad person/good person” of public figures is fiat school brain rot.