gojiberra

∞/21 million = ∞ of pennies?

"I will make hay knots for you forever, if you give me a field" the farmer said. the castle owner said, "forever means forever, have the field" the farmer made 100 hay knots and gave 1 to the castle owner. at some point, the farmer found oil under the field and decided to put a refinery on the field. "I want to stop making hay knots, now." he told the castle owner. "I'll give you 100 hay knots today." "Forever is forever" the castle owner said. "I don't want 10000 hay knots today." "Fine, i'll buy a hay knot from the neighbor every year and give it to you." ----many years passed---- the oil refinery said to the castle owner, "we are not in the business of hay knots anymore, what will you take in exchange for not producing hay knots" "I'll take the field" the castle owner said.

so in his recent spaces, Josh Mandell explained how owning the preferred shares STRF basically would inherit the entire company. because those are eternal, unable to be offloaded in bankruptcy. it's convincing hearing his words. however, he seems to misunderstand the whole dollar system. for STRF shareholders to inherit the entire company, the US government would have to make dollars as rare as satoshis. if the US government were to do this. I agree that the entire MSTR bitcoin stack would be drained into the hands of the STRF shareholders. since it's highly unlikely US does this. the STRF shareholders will own an exponentially smaller slice of MSTR into perpetuity. at this point, even i could probably promise someone a perpetual stream of pennies. i'm open to understanding where I'm wrong, and why Josh thinks STRF could control the company.

Treasury company A signals support for network that looks more like X Treasury company B sides with a network that aligns with Philosophy Y Treasury company C doesn't take sides --activist retail investor base choose the winner (A or B), pushing that market cap higher, resulting in more passive flows + higher collateral for --Passive bond funds will passively allocate more towards the winner the "fork" happens on a layer that is nowhere near the base layer. i would like to know the stance of all the BTCTCs on their philosophy of bitcoin client development.

i've known people like that--people who don't have the imagination to solve problems. so they tear down people who do.

Saylor appears to publicly support Knots Jesse Myers has reposted pro-Knots content Andrew Webley --TBD but i would assume he's aligned with Jesse Dylan Leclair -- old content from last year that was more aligned with the throw hands up in the air camp and technology aligned than "social contract" aligned It would be interesting if Metaplanet would make a stance one way or the other. it would be a differentiation of BTCTCs. it would also allow retail investors to vote with their shares -- a sort of fork within the BTCTCs. i would sell all 100 metaplanet shares and buy 1 Strategy share or 600 SWC shares.

"The person who works his land will have plenty of food. But the one who chases useless dreams isn't wise." Proverbs 12:11 who's the judge of "useless"? sometimes i hear people's dreams and i'm privately relieved for them that they didn't pursue them. some people's dreams don't make good sense, and they can't see it for themselves. but i still like dreaming and people who dream. I'm going to add to this verse: the following "the one who chases useless dreams without calculating opportunity costs isn't wise."

Nelly's top secret printer in her bedroom woke her up at 12:01am she clicked on the table lamp beside the bed in time to see the following text print out "top secret operation cyber autophagy -----" the words printed one by one on the ticker tape coming through the cryptographically secure mini-printer . the paper automatically fed into a shredder after 5 minutes. "oh yeah, today's the day we test the cyber-security systems of the vendors." Nelly remembered. Just the afternoon before her boss had asked "Nelly, have you prepared the ransom-ware notices and randomized the addresses?" "affirmative," she replied, "scheduled to be sent." at 12:02, those emails would already be arriving in vendors inboxes. each email contained security breaches that her AI hacker agents found in the vendors' systems. each email also contained a ransom EmailCoin address. "what do we do if they actually send EmailCoin to the wallet?" she asked her boss. "they get fined and fired." he replied. "the department has been wanting to stockpile these tokens already, and it's their fault if they fail the security test anyway. ...