Rogan be like...
True, but at least on Nostr you aren't also KYCd.
In his efforts to bring capital into bitcoin, and maximize his return, Saylor also has a stated willingness to lend to "too big to bail banks," and dump this credit risk on the backs of innocent taxpayers if/when the trade fails.
It is what it is; but, calling a spade a spade it is not consistent with the reason bitcoin exists.
He used to praise cyber hornets. Now he degrades them as anarchists. Oh well. Buyer beware.
Exactly. Well played. And the best part...Saylor wants taxpayers to bail him out when it all goes wrong. Like, who wouldn't. Right?
"BEWARE OF FALSE PROPHETS, WHO COME TO YOU IN SHEEP'S CLOTHING, BUT INWARDLY THEY ARE RAVENOUS WOLVES." - MATTHEW 7 15
(He's worse than an idiot, for those that aren't understanding his greed and the corresponding risks. Follow the incentives.)
Like you, nothing about money or it's creation in college economics, or graduate work in finance. 👀
Not lucky. Your choices are 🔥🔥🔥. Rock on.
Love Three Doors Down and Linkin Park.
Lately been vibing to Away From The Sun. If you think of the sun as truth/bitcoin, you can feel the regret of addiction to fiat.
If you are turning to religion to justify drug usage, it sounds like a stretch. Sorry.
Well isn't this an especially uplifting and heartwarming post Suzie! 😊
#bitcoin is life in the digital realm. Here's why....
Time is infinite. Life, however, is defined by scarcity of time. Life, therefore, brings value to time.
Digitization is an infinite representation of the physical world. Bitcoin, however, is digital scarcity. Bitcoin, therefore, brings value to the digital universe.
Saylor is put up on a pedestal, and portrayed as a maxi totally committed to the ethos of bitcoin. His strategy, however, to loan bitcoin to "too big to fail" banks, dumping his tail risk on innocent taxpayers payers, to earn interest, encourages risky banking behavior bitcoin was invented to counter. No judgements if he chooses to loan his corn. But he isn't the maxi / HODL'r he claims.
Of course, the "influencers" who preach the benefits of freedom and decentralization -- yet embrace and support X all day long -- are also hypocrites.
"No sun outlasts its sunset but will rise again and bring the dawn." Maya Angelou