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oh, i hadn't thought about it that way. im sure people wish that property taxes would stay the same over time in the currency. property taxes are actually worse than what i'm describing and they are also "perpetual". this gives me some comfort actually

i was coming up with a mental model for $STRF for a moment, it looked like whoever owned $STRF owned the entire 600,000 bitcoin of $mstr on a long enough time scale-- if a creature could live to infinity, and had that much patience. i think i misunderstood how a "adjusted liquidation preference" works. property taxes is a much better way to understand it... those are also "perpetual" and a % of the present value, so much worse than fixed % in USD