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David Park
394ccde86b4384fc61714e5bdf958d061c206832ef127901f138dcb2cd9d69fe
Learning about Bitcoin

“I think we’re in the #Bitcoin gold rush era.

It started in January of 2024 (w Bitcoin ETFs) and it will run until about November 2034.

In November 2034, 99% of all Bitcoin will have been mined.

The last 1% will comes out over the next 100 years.”

nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m

https://www.youtube.com/live/SKAHlCpwsLc?si=psuXebi61vVIid4P&t=29748

It seems like the BTC per share would go up only if MSTR is able to buy more bitcoin (at $65k) with the money raised ($700m) than the number of notes that are converted into shares (at $1.5k).

However, $700M/ $.065M < $700M / $.0015

Am I getting this wrong?

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

Buy back shares when your stock is undervalued (Buffett)

- reduces share count at favorable prices

Issue new shares and buy Bitcoin when your stock is overvalued (Saylor)

- raises more money per share at favorable prices

Am I getting this right? @preston

#MSTR

https://youtu.be/L0kuVPw8qM0?si=_gmayfvsdGAW_op3

As a #mstr shareholder, are you be looking at the amount of bitcoin / sh?

Or are you just looking at the increasing amount of bitcoins vs fiat debt?

Slightly confused on how this shakes out (lots of notes converted means less bitcoin / sh)

Setting up my profile but got stuck

Do I need to find an iOS app that provides me a lightning address/ LNURL in New York?

Connected @Mutiny Wallet to @damus which I think allows me to zap others but still don’t have my own LNURL

Here after watching nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m on stage on Bitcoin Atlantis

#introductions