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Dad Guy
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God, family, Bitcoin Maxie.

I've always said that there's fundamentally no difference between a Formula 1 racing wheel and a wooden wheel on a cart from thousands of years ago. The principles stay the same.

Replying to Avatar Fartface2000

Confessions of a MicroStrategy Investor

A letter no one asked for, but everyone should read before handing their Bitcoin dreams to a man in an orange tie.

Dear Fellow Bag-Holders, Future Therapists, and Anyone Still Pretending This Was “Strategic,”

I write to you today not as a proud MicroStrategy shareholder, but as a man who has stared directly into the mirror and whispered the words:

“Bro… what have you done?”

Look—I’m not embarrassed that I invested in Bitcoin. Magical internet money is fine. It’s pure. It’s incorruptible. It’s literally math wrapped in electricity. Beautiful.

I am, however, deeply embarrassed that I gave a company with salaries, leases, marketing teams, HR reps, and a snack budget my money… so they could buy that same magical internet money at a premium, wrap it in a corporate costume, and then somehow—somehow—turn it into something that trades at a discount.

A discount.

On Bitcoin.

In a Bitcoin bull market.

Amazing. Inspirational, even. If there were an Olympic event for turning alpha into coupons, MicroStrategy would sweep the podium.

Do you know how helpless you feel when your investment thesis boils down to:

“I believe in Bitcoin so much I outsourced it to a business with overhead.”

That’s like loving organic vegetables so much you hire a Fortune 500 company to grow them for you under fluorescent lights, at 4× the cost, while their interns eat half the crop.

And yes, yes, I get it—leverage, strategy, blah blah blah. But when your CEO has to juggle debt payments, stock issuance, Twitter theatrics, and a line item called “orange tie dry-cleaning,” you start to wonder:

Was I investing in Bitcoin… or in the world’s most complicated meme account?

At this point, even my Bitcoin-hating uncle respects me more than my financial advisor does. At least the uncle says he bought gold once because “it was shiny.” My excuse? I thought buying a corporate wrapper around Bitcoin was “efficient.” Efficient at what? Converting sats into operating expenses?

If I wanted discounted Bitcoin, I should’ve just bought Bitcoin.

If I wanted chaos, I could’ve bought a shitcoin.

Instead, I bought a stock that somehow blended both worlds. A schrödinger’s tradfi-wrapped-Bitcoin derivative that lives in a simultaneous state of premium and embarrassment.

So here I stand—an MSTR shareholder.

A man who believed.

A man who delegated.

A man who now understands that true self-sovereignty means never relying on a corporate board to stack for you.

Godspeed to us all.

And please—next board meeting—cut the marketing budget before the coupons.

Sincerely,

A Recovering MicroStrategy Apologist

P.S. If anyone needs me, I’ll be buying the underlying asset directly like a grown adult.

Even after if I was a full maxie, I considered buying MSTR, but finally realized that was just FIMO. What kept found something in my head was Michael Saylor rationally and logically making the case for why Bitcoin was the ultimate pristine asset. And everything he said checked out so why would I not just buy Bitcoin and why would people buy MSTR?

As my hand hovered over the Buy button to give Saylor my money, I realized there was a very legitimate reason for someone to buy microstrategy, but it wasn't for me. I can buy Bitcoin through the kyc or none kyc methods, manage it in a hot wallet or cold wallet, use lightning or liquid, run my own node and transactions. Most people can't.

Not to say I'm so great, but it's that just most people have not had the compulsion to dig that much into Bitcoin. Saylor provided them away to take advantage of Bitcoin's vakue without having to spend as much time learning about it and how to use it. There is value in that and Saylor was providing that value to certain people. In the end though, it was really no different than buying Micro Strategy, Tesla, Amazon, or a penny stock: outsourcing the hopeful appreciation of the monetary value you put into the system. Either I believed in Bitcoin more than a man, or I didn't.

That's outstanding! I remember having block parties when I was growing up in the seventies and we'd block off the street and everyone would bring picnic tables and grills out and enjoy time together. Having a hard time imagining doing that now. Good for you and your wife!

Replying to 66518ea6...

Any more, it seems like there are a lot of plebs selling. Not for Lambos, those with very small stacks selling for necessities. It's going up forever Laura, but it's also still a real struggle Laura. I try to encourage people not to put their grocery money in, unless they are single without dependents and can live in a shack. But so many come in looking for the big win next week. Just keep DCAing what you won't need to touch for years.

Replying to Avatar Lyn Alden

In the entire original Star Wars trilogy, no two named female characters ever spoke to each other.

In fact there, were only four named women across the trilogy, throughout six and a half hours of content spread across multiple worlds, and for most people they can only name Leia.

I'm not bringing it up as a criticism; just an observation. Sometimes guys wonder why their girlfriends/wives don't love their favorite fiction quite as much as they do.

It's not to say a given story *should* have more characters of XYZ demographic, but basically if a guy tunes into a movie and no two guys ever speak to each other in it, and it's ladies everywhere with hardly any men around, you'd basically just get the vibe pretty quickly that this wasn't written with you in mind at all. If you like it, that's great, but it's kind of by accident since you just weren't really considered as part of it being put together. I do like Star Wars, for example.

I love the Breaking Bad show, too. The premise didn't appeal to me on the surface (middle-aged guy with cancer, young drug maker guy, and to the extent that there are women in the show it's mostly the wives of the important characters), but my husband told me it was great so I watched it with him and loved it. Wouldn't change a thing about it.

And then of course, since we can't have nice things, over the past decade the attempts to put more diversity into fantasy or science fiction have been pretty ham-fisted. Rey is a trash character, basically. Almost any attempt with this sort of stuff is lazy. Books have generally done it better because it comes from one author's mind rather than some committee.

I think part of why the TV show Arcane was so well-received (especially the first season) was that it had a ton of different characters in it but it wasn't *about* that diversity. It just happened naturally as a byproduct of good writing and care. A bunch of very different characters dealing with themes that are about technological progress vs safety, economic disparity and sovereignty, extremism to achieve goals, etc. Young and old, male and female, rich and poor, all different colors. Rather than feel forced, it just seems obvious in that setting.

I've put some thought into this when writing fiction. Men and women, and people of various cultures, do have a ton in common in the fiction they like. Probably more than most realize.

-My number one priority is to just write good stuff and tell the story I want to tell. By default there are a broad range of characters in a story like that, at least in my head. Otherwise it would feel boring. Unless I was writing a specific period piece (something like Saving Private Ryan set in WWII battle zones where obviously it would almost all be men), I'd have to go out of my way to write a story where no two men ever speak to each other, or no two women ever speak to each other. That would take effort.

-My second consideration is to of course think about my audience (which a lot of current media trends ironically don't do- they just create a piece to fulfill their own grievances and forget about the main demographic that would actually want to watch/read what they made). How would different people experience it? That's where beta readers are helpful, but also just a basic 101 test of imagining like five different people reading it and getting the vibe of whether it's written with them in mind, or not. The goal in that case is certainly not to write for everyone (eg most stories I think of tend to be quite dark and violent, and with substantial complexity, which is a combo that already excludes a lot of people), but to at least be aware of the types of people I might be writing for. The natural state of things in a sufficiently complex setting is a broad range of character types.

Basically when I exclude types of readers, I want it to be a conscious decision rather than "huh, I hadn't considered that."

I saw Star Wars in the theater as a kid, and it blew me away, as well as every other kid! Nothing had come close to that on the 70s. But the re-watching it as an adult, you pick up on so much more than you did as a kid. Like how Luke was a pansy little whiner. Within the last few years, I watched all of them, with my kids, and the only thing that made it bearable was watching HISHE after:

https://youtu.be/m6U6I9Jbkxs?si=xAsfA_zlV5WM_Mbx

Life saver!

Well, that wasn't as bad as it could have been I guess, although that was more like a Beanie Baby or tulip bubble take on things. Guess it's good if it at least gets more people asking questions about #Bitcoin, but muddying the waters with crypto just helps more people get reckt.

l.prageru.com/4ivRUKM

definitely agree with the idea of not wanting their transactions censored, but that is the case whether El Salvador mines or not. the only befit to them mining is if they have access to cheap power that can provide them more Bitcoin than if they were to buy it directly (accounting for other intermediaries, convince/complexity, etc.). in that aspect, it's just like business. or at the least, very analogous.

how is it a truth protocol rather than a propagation protocol? if both truth and untruth cannot be censored, it's not a mechanism for favoring one over the other. im not at all defending or fsvoting other networks that do censor, just to be clear.

that power isn't to compete "over the ledger", but kust for the next block so they can get paid. its a business. it's literally no different than starting a company that makes shoes or builds houses or teaches people in a school. that is simply a business. the difference is that when somebody becomes part of the Bitcoin economy, it doesn't matter how big and powerful any of the miners are, that oerson still has the same value in the Bitcoin economy. big or small miners don't change that value.