What does the shitcoin’s price appreciation have to do with the rest of the text? Just because a shitcoin has a pump doesn’t mean its trend towards zero changes. After having more than 50% of the network under control, the first thing you do is start talking about Bitcoin. That shows your mindset and why there is no second best.
Every fiat that goes to the state must be considered as money lost forever.
The state gives us nothing, the state only robs us.
In recent days, fires have caused the entire mountain range around my village and dozens of other villages to burn.
There were no firefighters, no aerial resources, no help from the state.
The help of all the local people was crucial, the willpower of each of these individuals ensured that not a single home burned.
Scorching heat, walking on burned ground where the heat could be felt rising through our feet.
Twelve hours carrying buckets of water up steep stairs, several men pulling hoses full of water, buckets, branches, and shovels were used.
All of this without any help from the state, all these tools were bought by each of these people with the money left over after being robbed by the state through taxes and inflation.
The state does not want the good of the people, and the people can never count on the state for anything.
If we had depended on the state, people would have burned to death and homes would have been lost.
Thanks to God and to all the locals, in the end everything turned out as well as it possibly could.
Everything is gray around us now, but one day it will all be green again.
https://blossom.primal.net/f27a7a77f0421e378d6438d10e567838c76e2e6195af94c5de7bce9e478bd930.mov
About the State:
We need to stop treating these people as our friends.
We need to stop pretending and lying to ourselves that they can be defeated and turned into powerful allies to advance the values and tools we wish to see in the world.
They are not our friends.
They will not become allies, sharing a common cause with us.
They are our enemies.
It is time to stop pretending.
These people must be regarded as hostile and treated as such.
Bitcoin will save your money
Jesus will save your soul
The best place for that would be Funchal, since it’s the capital, but you can cross the island in about an hour by car, so staying somewhere other than Funchal won’t make much of a difference.
I love using Bitcoin to pay for things in Madeira 🏝️
https://blossom.primal.net/3f41a383c523b305da427edfec7168b096c8ec9c89da0938200cc70f02bd1e85.mov
https://blossom.primal.net/c67fb8463b6e73bdfb4cb965160933875879323eeab3c3839fe83453399fc137.mov
https://blossom.primal.net/9bacec4c0190e198ef66be0746a99012556821a35e1f83ef6f5fd3d7200a69b2.mov
https://blossom.primal.net/543dedd276c254e35a4e114d340d11ad75c1bd224f26fa2ddd9d5f00929e9b4e.mov
nostr:nprofile1qqsv45qvfz5vdzwn9478wzusyggjf44x3w7xk8f3cgpe4px44wgv77cpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3gamnwvaz7tmjv4kxz7fwdehhxarj9e3xwh3n4ep nostr:npub1lr2zzf989mvf393y0tv39ara6a4vddkd6y87z784up9vl6ks6j3qtudl6a
I love using Bitcoin to pay for things in Madeira 🏝️
https://blossom.primal.net/3f41a383c523b305da427edfec7168b096c8ec9c89da0938200cc70f02bd1e85.mov
https://blossom.primal.net/c67fb8463b6e73bdfb4cb965160933875879323eeab3c3839fe83453399fc137.mov
https://blossom.primal.net/9bacec4c0190e198ef66be0746a99012556821a35e1f83ef6f5fd3d7200a69b2.mov
https://blossom.primal.net/543dedd276c254e35a4e114d340d11ad75c1bd224f26fa2ddd9d5f00929e9b4e.mov
getMaxiStandardLunch() 🥩
Things were going well for my portfolio… until Trump crossed paths with Epstein. Who would’ve thought that moment in history would be the reason I ended up flipping burgers again?
The Final Countdown
A Discounted Bitcoin Flow Analysis (DBA) might sound like a solid approach, but it relies on a series of optimistic assumptions about MicroStrategy’s future. What actually matters for investors today is that each MSTR share represents only 0.00215 BTC, while the stock price suggests it should represent at least 0.00349 BTC. This means investors are paying a significant premium for indirect Bitcoin exposure, with no guarantee that this discrepancy will be resolved.
The idea that MicroStrategy “harvests more BTC per share over time” ignores the impact of dilution. The company has been using stock issuance and debt to acquire Bitcoin, which works as long as the market continues to support it. But with every new share issued, existing shareholders own a smaller portion of the company’s total BTC holdings. If MSTR needs to issue even more shares to achieve the projections you are referring to, any potential gains could be wiped out by dilution itself.
Also, saying that “they are not an ETF” is not a justification for the premium. Today, any investor can simply buy a Bitcoin spot ETF like IBIT or GBTC and get direct exposure to BTC without corporate risk, dilution, or dependency on MicroStrategy’s management.
At the end of the day, MSTR is a leveraged bet on Michael Saylor’s strategy, not just Bitcoin itself. That does not change the fact that buying Bitcoin directly is still the most efficient and secure way to gain exposure to BTC without overpaying or taking on unnecessary risks.
Can’t wait to test it. I’ll be your customer!
Why Buying Bitcoin Directly is Better Than Investing in MicroStrategy (MSTR)
MicroStrategy (MSTR) has positioned itself as a Bitcoin proxy investment, accumulating a massive Bitcoin treasury. However, when analyzing the numbers, investing in MSTR is far from the best way to gain Bitcoin exposure.
Here’s why:
Bitcoin Per Share is Too Low:
As of now, MicroStrategy holds approximately 528,185 BTC while having an estimated 245.5 million shares outstanding. This means each MSTR share represents only 0.00215 BTC.
Stock Price Does Not Reflect Bitcoin Holdings Accurately:
With a Bitcoin price of $83,000 and an MSTR share trading at $291.35, we can calculate that, for the stock price to properly reflect the BTC per share, each share should represent at least 0.00349 BTC. This discrepancy means investors in MSTR are overpaying for indirect Bitcoin exposure.
MSTR Needs Over 332,800 More BTC to Justify Its Price:
For MSTR shares to fairly reflect their Bitcoin equivalence at the current stock price, MicroStrategy would need to acquire 332,815 additional BTC. This is a nearly impossible feat without massive dilution or debt accumulation.
Company Risks and Overhead Costs:
Unlike Bitcoin, which is a decentralized asset, MSTR is subject to corporate risks such as management decisions, regulatory changes, and stock dilution. The company has frequently issued new shares to buy Bitcoin, meaning shareholders suffer dilution, further weakening their exposure to BTC.
Buying Bitcoin Directly Eliminates Unnecessary Middlemen:
Instead of relying on a company to hold Bitcoin for you while assuming corporate risks, buying BTC directly ensures full ownership. There’s no stock volatility, no dilution, and no management risks, just pure Bitcoin exposure.
Conclusion:
While MicroStrategy may seem like an easy way to gain Bitcoin exposure via traditional markets, the math shows that investing in BTC directly is a far superior strategy. It eliminates unnecessary risks and ensures that you get exactly the amount of Bitcoin you pay for, without overpaying for a corporate structure that introduces dilution and inefficiency.
An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.
The Mexican replied, "only a little while."
The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my friends. I have a full and busy life.”
The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”
The Mexican fisherman asked, “But, how long will this all take?”
To which the American replied, “15 – 20 years.”
"But what then?” Asked the Mexican.
The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”
“Millions – then what?”
The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your friends.”
Now, with MiCA, exchanges are required to share customer data among themselves whenever there are wallet ins and wallet outs. This data is shared via email. People have lost their right to privacy due to the psyop of terrorism financing, money laundering, and tax evasion. There is always a psyop to take away our rights. The European Union is nothing more than a gang of parasitic socialists.
Running Bitcoin
