It kinda depends on the interest rate and if you can put down 5% or less, but today it’s definitely wiser to rent if you don’t own.
Follow nostr:npub1yrf6e774ggeylt7e7s784jv9ydawv5c4z5zj4arvvs04q7lkulvqdgkaz3 nostr:npub1vemf09ljxzeanx2ht7wzzenphchw3yvjzzp6a4pdp8k8v6qj58xs43mz3k nostr:npub1zg6gcz8snqgjzwfm8suzgxhltmrxkh996vzfw2gj6myckpx4u66sgem35z nostr:npub1r26a5zxhp27rdvuswa9c097p5fprvy45pwjsyk0s7t4j5v97z7vsxl0rtf and you will get the op meme
Saylor knows the addresses and he can verify the bitcoin is there. Coinbase of Fidelity can’t sell or lend that bitcoin without MicroStrategy knowing about it. The custodians don’t know when MSTR will choose to move their bitcoin to another custodian. We don’t know the intricacies of their security protocols on both sides. Speculating about it being paper bitcoin is unproductive. I’m fine with people advocating for proof of reserves if they want, but the fud is unnecessary.
It’s a meme. Won’t go into too much detail, but basically OPs short for orange pillers are low conviction bitcoiners that cheer when price goes down (cheap sats) and all they do is repeat mantras without thinking for themselves. The same people that DCA $10 and withdraw every $1 to cold storage because God forbid Cash App rugs them of their 1000 sats. nostr:npub1r26a5zxhp27rdvuswa9c097p5fprvy45pwjsyk0s7t4j5v97z7vsxl0rtf had a better description, but I can’t find it.
Not everything has to be trustless. Many need to hear this, especially the ops.
ES owns like 20 bitcoin. That aside, the bitcoin of ES is owned publicly owned by the people. MSTRs is owned by the shareholders. 99.9% of the shareholders are indifferent about POR at this time.
Not everything has to be trust-less. My MSTR position can get rekt the same way any other security can get rekt.
He has his reasons. I am not under the impression that he is lying. There is no incentive for him or the custodians to lie, especially after seeing what happened to SBF.
People can make their own judgement. Mine isn’t based on emotions, so I sleep well at night.
I’m surprised she was given a lease without proof of getting renters insurance. Kind of wild renting a place and getting no insurance tbh. She should see if the homeowner had a policy that can be claimed.
Of course. My commented was directed to people that have cash, Investment RE, or non bitcoin related stocks. Using debt to buy bitcoin is being levered long if anything.
Cope that the stock outperformed bitcoin from the bottom of the bear until now? So they actively wish for its demise like they do the ETFs It’s the OPs way
Yeah bro it’s all smoke and mirrors 🤫
You know what I meant lol.
Basically
I get it. Watch their October earnings call. I think it’s worthwhile to understand what they are doing. It’s a low lift if you already understand bitcoin.
The bitcoin on their balance sheet is permanent capital. Nothing outside of them using the bitcoin to grow the business way down the line can force them to sell the bitcoin.
Those scenarios are very unlikely. Might as well throw aliens coming down and stealing the bitcoin.
What you’re missing is that they set up their strategy so they don’t have to sell the bitcoin.