Replying to Avatar Farley | Hard Fork Anthems

The only reason is if their retirement funds are already locked into the fiat system. Sure, they could pull it out, but there’s a heavy penalty for that. It’s like being tied to a system that keeps them from truly embracing the future, even though the exit is right there
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n0>1 1y ago

That makes sense. Seems like eventually everyone will want Bitcoin. I don't know how MSTR works exactly but is it sunstainable, long term?

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Farley | Hard Fork Anthems 1y ago

Only if Bitcoin’s price continues to rise, as their use of convertible bonds to accumulate Bitcoin hinges on the asset’s appreciation and their ability to manage the growing debt, making it a high-risk, high-reward play.

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Farley | Hard Fork Anthems 1y ago

We want Bitcoin’s value to rise based on its real scarcity and energy-backed foundation, but without being tethered to the opinions of fiat or the whims of traditional financial systems