Might be talking to AI bots at times
There is a huge world outside of the solar system .
They can but they are mostly a fiat creation and won't exist in a bitcoin meritocracy.
Gold and silver is a fully captured state market.
I don't think MSTR makes it that far. I don't think there are such thing as investment banks in a bitcoin world.
The free market is a far better capital allocator
MSTR equity holders are exit liquidity for its convertible debt offerings. Literally how it works.
If you hold MSTR you're bailing out some underperforming fixed income manager lol.
To fully understand how the #Bitcoin market operates you need to understand the gold and silver markets as well. Lots of knowledge gaps out there.
People have their own gold too, that has been a state captured market for decades .
He envisions MSTR being a "Bitcoin bank" and bitcoin having intermediaries. He has shit on lightning / coinjoin etc from the start which makes me question his motives .
I know; seems strange lightning gets shit on by banks and Saylor etc.
Cuz he's a fraud. And if he's not I'm calling him one until he proves otherwise .
That's why we build code that does it for us.
This does not have to be some wild speculator; in fact I bet 90% of these are not. Market makers hedge their positions in order to lock in profits . There is probably an offsetting position that netted like $5M. A lot of days I'll be up 50k in one contract and down 49k in another.
Might be nice for opsec
Inconvenient truths nostr:note1l6n2zhe2x7e37n8yy3vl2wafeder276gtw2e82f7067wzgewwx4qgqxs74
#Bitcoin might just be the trap we all fell for in order to recapitalize the system. Mass adoption has not occurred yet because the price signal is not there due to shitcoin / Btc-eth spreading. This artificially suppressed price. Because of this all the coins will get taken off market at low prices while the 90% never get any coins.
They will be forced into some sort of MSTR bitcoin bank.
The way some projects get squashed by the state and others slip by makes me think #bitcoin is a state creation that they are simply guiding to their intended target.
Bitcoin always kills the hero nostr:note1mggd7jq55jrgfr57grrpujl4ptclt2m7pwq7s6p0t2mhrm6g6tuqgzgf94
A lot of the OGs that I've been around with got rich and went from "fuck the state" to "better talk to a lawyer/accountant and not get audited". "Make sure you follow the tax code"
Once people get some money they turn into a low value scarcity mindset. Seen it time and time again. Fiat brain rot.