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I have stranded fiat in $MSTR.

I put it there two years ago after realizing owning Barry Silbert was a dead end.

I didn't really expect anything and don't consider (since being radicalized) career retirement+health accounts of mine and my wife as "real" when thinking about our purchasing power.

Fast forward to today, it's somehow grown to nearly 50% of my #Bitcoin, and if Saylor keeps being right, it's going to eclipse it.

I really need to consolidate all of these accounts and migrate them to Unchained for #Bitcoin.

Maybe $MSTR will be able to offer Bitcoin withdraws in some distant future...

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Discussion

The BTC DDS 1y ago

This is my exact plan. I don’t know when or how I’ll know to jump ship, but I’m hoping it feels obvious when the time comes

Laser 1y ago

Growing club, it seems.

I hate having any capital stuck in the fiat system. Turns my stomach.

I sure as hell would rather own Michael Saylor than Barry Silbert.

Tried to help other plebs see this 2 years ago.

The BTC DDS 1y ago

Same. I just keep thinking how much more my stomach would turn if I converted now and missed out on the meat of this bull run with MSTR over the next 6ish months. I just hope this isn’t the shitcoin of this cycle

aco 1y ago

careful

Laser 1y ago

With what?

Already assuming retirement gets bailed in if the Gov fails to accomplish a #Bitcoin reset.

Moving to Unchained will prevent confiscation, but not the headache that comes with confiscation claims.

aco 1y ago

proof of reserves is understated.

Laser 1y ago

No shit bro. 😂

Dan 1y ago

Do it now

Laser 1y ago

Meh.

William ₿ Travis 1y ago

Why Unchained? What's the benefit over pure self-custody?

Hazey 1y ago

It's in a retirement account and Unchained has retirement accounts using self custodied bitcoin so it's a good place to move it without facing massive extortion in the form of taxes and penalties

William ₿ Travis 1y ago

I'll look into it.

Laser 1y ago

Hazey's right. You can hold your keys while maintaining the tax advantage posture of a retirement account.

Not without risk: confiscation claims can still ruin your life if the Gov is the one giving them.

Bitcoin Golf Pro 1y ago

How would that benefit MSTR?

Apatight⚡️ 1y ago 💬 1

In kind withdraws is on my bingo card… for etfs and Fidelity bitcoin. Saylor is the first company in history to offer sats/share as a new KPI. I’m letting it ride, it feels like the Berkshire Hathaway of the digital age.

Laser 5mo ago

🎯🎯🎯

Brum 1y ago

If selling MSTR stock into Bitcoin in this weird loop, that helps the share price as the bitcoin treasury will increase in value , have I got this right?

Rojo 11mo ago

You’d rather MSTR over BTCETF? Why?

Alex Jones 11mo ago

btc yield is better than ETF fees

Rojo 11mo ago

FWIW I think MSTR will out perform BTC purely in terms of USD gain. I’m just curious what others think. Obvs I think owning real BTC in self custody is the best form of freedom money, but for those who just want to accumulate USD I think MSTR will be a better bet.

Alex Jones 11mo ago

Depends on which time frame.

1. In bear market it can underperform.

2. In bull it can outperform.

3.In case of government confiscations and worldwide chaos....severely underperform.

Laser 5mo ago 💬 5

"Laser I thought you did #GetOnZero fiat?"

I have a half dozen retirement-like accounts from my career that are currently pointed at $MSTR.

I also have a house, chairs, and a wife and kids. When you count every asset, nobody has only #Bitcoin.

But concerning fiat currency, I've had $0.00 since 2022.

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Steven Day 5mo ago 💬 1

I just see it as a trade off in my life events. I know MSTR has done well. It just gives me more peace of mind that I buy sats and have it stored.

I can watch the news and I genuinely are happy for people with their gains.

I also think about how I clawed and scraped my way to where I am with Bitcoin.

I am nowhere near comfortable with throwing any capital it the fiat system. For those that are or HAVE to (regulated funds) whatever works.

I just know my son is set and family is protected. That pays more dividends.

Laser 5mo ago

"It just gives me more peace of mind that I buy sats and have it stored."

That's what I've done with all of my liquid capital.