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It's funny to watch TradFi get so butthurt about @saylor issuing debt to buy #Bitcoin with it rising faster than the cost of the debt... when that's literally what TradFi has been doing with real estate & stocks for like 30 years.

Real estate and corporate debt get artificially low interest rates, below the real inflation, to soak up all housing and buyback their stock that pump the value and ride it up forever while the debt gets devalued.

Looks like the same play to me, just without the overhead and rent seekers.

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Discussion

cuban 1y ago

Never has an asset had so much success while being so hated

pup 1y ago

Tradfi doesn't get it because after all of the time they've put into understanding finance, they still don't know what money is.

Nina Chopra 1y ago

They have created a parallel universe of mental constructs. So much so that when they see reality, they are bewildered by it.

Chris 1y ago

Hating is fuel ⛽️

I’m all for more hating 😉

Eporediese 1y ago

The irony of this move is exquisite. I have a feeling that this could be the pin that pops the Fiat bubble.

Nina Chopra 1y ago

How does real estate and corporate get artificially low rates? Do you have the numbers to illustrate that?

Keith 1y ago

By having a centralized bank set rates lower in order to stimulate a stagnant economy instead of the free market coming to a consensus.

JKTrades 1y ago

Just sitting here enjoying my popcorn 🍿

Bobby 1y ago

I would have rather preferred to borrow at 0% like many banks and corporations were allowed to do instead of my $1200 stimulus check… glad the government is looking out for the little guy.

Tribe of Tomorrow 1y ago

Well stated. Spot on.

Brisket 1y ago

We are all going to get blamed for so much of the fiat currency debt scam unraveling. MSTR is just accelerating things & drawing attention to Bitcoin.

The good news is that it will awaken many to the fiat currency scam.

I'm convinced Bitcoin selectively reveals itself to people.

Flex Hexem 1y ago

Do you think people will blame bitcoin instead of the fiat currency scam?

Brisket 1y ago

That will be what's shown on MSM.

Some people agree with 95% of what they hear/read & get outraged by the 5%.

Jp Digital 1y ago

you might be onto something about bitcoin revealing itself selectively. 🙂🤔. we know it takes a certain degree of intelligence to understand, some lack that I think.

Brisket 1y ago

It's not just intelligence though is it?

graffiti 1y ago

Creating homelessness

Jp Digital 1y ago

how so?

Charlie Menger 1y ago

He’s playing the long troll and giving 0 faks. Certainly his masterpiece.

Dan 1y ago

Hilariously accurate 🙏🏼

Satty 1y ago

Keith 1y ago

What’s wrong with rent seekers? It’s how the average person can play the Saylor move. Buy a house with cash, take out a line of credit on the house, buy Bitcoin with the money from the line of credit, let the rent pay the mortgage. BOOM, you’re just arbitraged the dollar. Bonus, if you have to give up the house you still have your bitcoin.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

the point is that Saylor is demonstrating that their game is a fraud, and that's the awesome thing about what Saylor is doing... nobody in their business can disagree that his company's net worth is keeping abreast of inflation but they don't want to admit that the real reason for most business failure is actually inflation