Need this to happen ASAP … have assets to buy and run on a bitcoin standard.
Through using Coinbase, MSTR is enabling fractional reserve bitcoining …
Why do you think Brian Armstrong met with Trump? US Treasury gonna follow the same strategy as MSTR …
“Who needs proof of reserves, just trust us!”
Coinbase: backed by the full faith and credit of the United States government and global banking system.
Upon nation state adoption, this is where we’re going.
https://youtu.be/WdrNAQeGLNM nostr:note18pfnprxxrgyhr74hc4auqlhwjrunustu2wpt67573xjywvwuka5q4wpjl5
Much akin to bitcoin adoption.
It’s like the shorts REALLY don’t want to see the next leg up.
Why are they always on the middle of everything? For real…legit question. Why? nostr:note1e3fl0uzak8tsj669v65jpkthen58txdymny9at0ufuy2g4la4y9s98074g
Hey Qatar … buy bitcoin. nostr:note1dpyt48dxh9x5yqnqgd2ar7agf7kagzcu3vvfxp0gm4p6hcj5eknqq9l6gk
It was one of the most dramatic rage quits this cycle. nostr:note1f7rdzhrurrxldkzdqt8xm9u8zmcktjg7jne3yqehdzv2wd9z7g4svlg7zs
CLIP FROM nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq EXACTLY A YEAR AGO: DEC 10 2023.
"YOU COULDN'T WRITE A MORE BULLISH SET-UP THAN WHAT WE'RE LIVING IN RIGHT NOW."
https://cdn.satellite.earth/64cadfc413b48da018084af782908c2c854cc2b07727418646ad2a13aa2d5598.mp4
Prescient!
“Hunting down hodlers” comes at a cost. That’s the beauty of NGU … it imposes efficiency on every entity. If the United States government legitimizes bitcoin and then it goes to $1M/btc … the people who they’d hire to run all the processes would want to get paid in bitcoin, not the USD. And the existing laws on the books would mean lengthy court battles, etc.
These agencies wouldn’t be able to afford to chase after individuals because they’d be spending resources they don’t have. They’re better served by promoting bitcoin and getting the benefit of the NGU on their stack.
It’d be an option, obviously. But every time I press the home button, “Play ball!” Every time I refresh my feed, *wood crack of the bat*. When I perform a search, *the crowd goes wild*. nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev
Amazing that there isn’t more concern about proof of reserves among MSTR shareholders. The bitcoin they claim to have access to is the entire value proposition of the company, at this point.
One would think their shareholders would be demanding onchain proof that the coins are safely in custody and not rehypothecated.
Infinitely ruggable if they can’t access the bitcoins on demand. Past performance not indicative of future results.
Not your keys, not your coins.
Saylor should use Unchained Capital / Fidelity for MSTR’s custody solution.
Transfer off of Coinbase. Make them deliver the bitcoin.
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx make it happen.
If he is never selling them, isn’t that the best type of bitcoin to rehypothecate? nostr:note1nw0kn4c3u2c326jcun6pd2deahzjsu32scqqfmcsnwrxhuds2fts8s20s0
How many of them do you think Coinbase has in custody?