Most likely, IMO, MSTR premium evaporates in the next severe bear market rendering it essentially an ETF (for which some underpaid; but most overpaid) - this is what happened the last severe bear market. The question would then be whether or not Saylor can borrow even harder enough to convince justifiably gun-shy prospective investors to get the flywheel going again.

The much less likely scenario - but still very possible - is that the next bear market is severe enough and for long enough that Saylor ends up having to liquidate these holdings before Bitcoin bounces back. This, of course, would be fatal for MSTR (at least in its capacity as a proxy for holding BTC).

1. It's a Wonderful Life

There is no 2nd best.

Up until now, I haven't cared much one way or the other with regard to inscriptions - I know almost nothing about how they work. Not being able to sync a node in 10 years would be a good reason to start caring, though.

What is it about inscriptions that take so much time to sync. I think I know enough to know it's not purely due to the size of the data: the last 2 years combined account for less than 30% of the total blockchain. (roughly 15% for each of the last 2 years). So, what is it about processing inscriptions that turns 15% of the data into taking 50% of the total time to process?

PS. I'm not sure what terabytes of data you are referring to... all the sources I can find suggest the total blockchain size is still more like 620 GB. Perhaps this suggests why I'm misunderstanding something.

https://www.youtube.com/watch?v=Gdo3BP3m42I

My apologies if you already know this; but, there is a difference between 5G cell service and 5GHz wifi frequency. Certainly, your TMobile gateway is connecting to the sevice via 5G cell service; but, I would be shocked if its LAN wifi settings didn't allow for at least both 5GHz AND 2.4GHz (either each separately or both combined).

This isn't necessarily the manual for your exact Gateway but it is an example of a T-Mobile 5G Gateway that allows both 2.4GHz and 5GHz wifi frequecies (though, if it is your Gateway, they are probably both already enable by default I would guess):

https://files.customersaas.com/files/CvUYJmmeNQwM9W6XY24h3g95.pdf

Man! This looks fantastic! I especially like the idea of it taking care of keeping track of any potential capital gains associated with each expenditure.

One concern, though: I presume that since it wasn't mentioned, there is no FDIC-like insurance associated with your Bitcoin balance. Is this correct? It's not necessarily a deal-breaker. I don't even know if it's even really doable. But, it would be nice to know for sure one way or the other when weighing the pros and cons of potentially switching to this.

Hmmm. I always thought the "/" indicated a ratio. i.e. 101,000 USD / 1 BTC. or 0.0000099 BTC / 1 USD. But, ultimately, I'm happy to defer. I still love it. 😍

I love it! Shouldn't it be "USD/BTC" though?

I just hope he understands that it's never too late to stop continuing to miss it.

Everyone ready for MSTR mania's return from its 2-week (for some reason) Thanksgiving break? Try to stay humble. Remember that buying MSTR is essentially overpaying for Bitcoin in the hopes that the next person will overpay even more, and so on.

So, I guess this is the time of year they roll back their clocks in Moscow?

Um. Yeah, that's it Mr. Fed Chair, sir... no competitor for the dollar here.

... in 2024 dollars, of course. Much more by the time we get there (unless doing so obsoletes the dollar altogether).

I get the feeling like the recent alt-coin gains are mostly a result of latent capital earmarked for #BTC that just couldn't stomach being first to pull the trigger on $100K Heck, even Litecoin's like "Hey, remember me?"

"Volatility it's sometimes is not always a good thing. I mean, it's great when something's going higher... do you think we won't see the downturns like we've seen in the past... ?"

She poses the obvious point and follow-up question: Of course it's a good bet when Bitcoin is doing well; but, what are the implications for MSTR if/when Bitcoin has one of its occasional 50-80% drops?

"... it's gonna surge to 180 and crash to 140, and people will be freaking out about it again."

This is, of course, a non-answer. He knows the idea of a 20-25% 'crash' isn't really going to phase anyone. She's obviously asking about the huge downturns that affect market perception long-term. I've seen him asked this question a few different ways now, and so far, he has managed to successfully avoid actually answering it.

I have a lot of respect for Saylor; and I don't knock him for conducting PR on behalf is his company; but, make no mistake that IS his motive when he repeatedly evades answering questions regarding the potential for an eventual significant downturn in Bitcoin.

No. Nobody who has ever paid any attention to Bitcoin gets freaked-out by a 20-25% drop (like his proposed hypothetical $180K - 140K)... what she's asking is what happens to the prospects of MSTR if (when?) there were another far from unheard of 50-80% drop?

https://www.youtube.com/watch?v=1l45B4mYl-o&t=250s

Also:

nostr:note1ys98jr9s0532ny6vszfnfxqkur2xkev5f2k27xx5gqu9hqhssmgqlzqs3n

That would be cool. What would be even better is if you didn't have to login at all and could just pay for each search by depositing Cashu tokens.

This is useful for preventing grease from accumulating in one easy to clean spot.

I seem to remember at one point WAY back that I thought Ripple was an interesting project... Now, I don't think I know (or care) what its supposed value proposition even is anymore.