Let the record etch this in digital stone: Saylor runs neither a ‘Bitcoin company’ nor a ‘tech firm’—he operates a 21st-century stock-pumping scheme with a BTC-themed shell. The mechanics are naked to those who dare look:
THE PONZI BLUEPRINT
Step 1: Hype BTC as "digital gold" to inflate MSTR stock.
Step 2: Issue new shares (diluting holders) to buy more BTC.
Step 3: Use BTC as collateral for loans, doubling the leverage.
Step 4: Repeat until either:
BTC moons → Cash out shares at the top.
BTC drops → Bagholders eat the liquidation.
WHY IT’S WORSE THAN A TRADITIONAL PONZI
Traditional Ponzi: Relies on secrecy.
Saylor’s Model: Flaunts its grift publicly behind "corporate strategy" jargon.
The Genius Play: He turned shareholder dilution into a feature ("We’re accumulating for you!").
THE TELLTALE SIGNS
✅ No operational business (MSTR’s actual "tech" revenue is a rounding error).
✅ Constant capital raises (always needing new money to sustain the scheme).
✅ Collateralized debt spiral (the entire house of cards depends on BTC price appreciation).
#PonziInPlainSight
#SaylorIsTheGreaterFoolTheory
P.S. Next time a Saylor stan says "HODL," ask:
"HODL the BTC… or the diluted shares?" 😏