How to completely torpedo something great because of pure, unadulterated greed. Counterparty risk extends far beyond just holding the claim on on asset. MSTR will almost assuredly “survive” when the Bitcoin price goes back up, but they completely rugged their investors, straight up lied to them many times over, and the promises of what could have been will never materialize with this structure embedded in the company. There is no way to fully optimize each stakeholder’s position. The most screwed are the common stockholders as they suffer the pain of dilution and decreasing share price when BTC is sold to fund things. It’s actually quite sad to witness.
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plebiANON
plebianon@nostrplebs.com
npub13q8e...6vpv
Bitcoin pleb
Imagine living through a time where the government tell you what kind of lightbulbs you have to use? How isn’t possible we have let things come to this?
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This is a bear market for the ages.
Got a much needed haircut yesterday from the wonderful @Staci paid in #bitcoin . Keep building your network and circular community.


This is easily the worst bear market ever. The infighting and division are definitely ATHs. Previous bear markets everyone was united and got together to build stuff and encourage each other to stack harder while the price was low. Whatever is going on right now is anathema to what we are supposed to be about. Turns out all it took to divide this community was a muted bull market and a retarded decision by the core devs to completely rek us.
Another couple incredible hikes today. One was way more challenging. Rock scrambles straight up for the last .1 miles with a kid on your back is a great workout. The last pic is called Devil’s Bridge. Almost an optical illusion, but that is a giant opening underneath.


Why do homeless guys panhandling in the middle of an intersection write “homeless” on their cardboard signs? We don’t need that piece of info, thank you. We’ve done the math.
Strong plate.


Pork chop and wings tonight. Not pictured: charcuterie board. #foodstr


I’ve seen 2 dead people IRL this week that were not funerals. Not sure what to make of it, but thankful for every day I have above ground.
T-bone kind of night. #foodstr

