Thread

I agree. Most bitcoiners miss the forest from the trees. Saylor is top down attacking legacy store of value assets. Plebs need to focus on ground up circular economy and privacy tech. Both attack vectors play a role. Everyone needs to do what they can from where they can. Saylor is just playing the game in front of him and should be encouraged to do so. nostr:nevent1qqsy9at35m68awff9plmcvmapk0qp2cphqtgf2jnjfuffa9szf4vxpqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg2zl2xv

Agreed What frustrates me more are all the so called “bitcoiners” that tried to copy him to make a quick buck (I.e., fuck you tom Lee for your shitcoin copycat and David Bailey for just being a sleezeball)

Saylor sold out his shareholder, he is personally sitting on a fat stack of fiat, he sold a shit ton of shares last year near ATH. Insiders all bought preferred shares as they have priority and dividends and the regular shareholders are the bagholders. Bitcoin is valuable because it is scarce, MSTR is the opposite they keep diluting shareholders will all these stock sales. He’s one hell of a salesman tho I’ll give him that.

and tell me again how much the company has increased their btc stack since then?

IMO, these are derivatives on Bitcoin. Most retail was funneled into these “legal” derivatives which did not perform as well as the underlying asset. I imagine what the price could be if people just bought Bitcoin. Not that I don’t appreciate what some millionaire/billionaires have done to raise awareness for Bitcoin, but hoarding Bitcoin in the wallets of a few companies was nowhere in the white paper.

i can only agree with this comment because saylor hasn’t done the work for self custody yet. but it will happen. also not every institution can buy the underlying. they need these vehicles like mstr.

That’s cool and all but as a shareholder all that matters is share price. Tanking the share price to buy more bitcoin is selling out shareholders. And when mnav tanks CEO even said they may need to sell.

Honestly though, what does that matter? Bitcoin per Share is the most moronic metric out there. It's yet another thing created to separate a fool from their money. It would only be valuable if you could redeem your shares for said spot Bitcoin.

He gets it

amplified volatility works in both directions

Yep but if you’ve been paying attention MSTR lost its upside correlation in 2025.

Agreed. And a lot of retail investors as well, they look at the stock market derivatives as “approved” methods to acquire Bitcoin

Bitcoin exposure*

Respectfully, I disagree. He's been an incredible spokesperson for Bitcoin, but it's a new paradigm, not an asset within the fiat system. This whole rebranding of Bitcoin as digital gold or digital capital is the threat to Bitcoin. It's a store of value yes, but his reluctance to embrace it as a medium of exchange of unit of account is telling. I prefer not to speculate on individuals, but he will ultimately have some decisions to make. It may well be that he's the one wheeling in the Trojan horse, but this phase is accumulating massive amounts of bitcoin in centralised, corporate hands. What do you think?

agreed on his reluctance to embrace it as a medium of exchange. agreed on centralized btc accumulation practices which is mostly related to his hesitation for self custody.

This is what drives me nuts about the mstr convo. If corporations are the ones buying mstr because they can’t buy spot Bitcoin due to regs that’s fine, I get it. I can’t stand when I hear of retail buying mstr especially if they don’t have cold storage Bitcoin. It’s a sign someone doesn’t really understand bitcoin and is still a fiat maxi imo.

my post is not a promotion of mstr nor does it suggest retail should buy mstr instead of bitcoin. you buy bitcoin for yourself and your family and mstr buys bitcoin just the same way for their shareholders. simple as that

Yup, wasn’t trying to allude to you promoting it just the mstr-verse as a whole that I see on X.

He worked for DuPont … I don’t trust him. Forever chemicals and #cancer coverups is a no-go at my station.

There'd be no hate if it didnt come off as a giant Mt Gox/FTX buildup - where's the bitcoin? You think BitGo or Coinbase or any of these custodians are actually on the pro side & supportive of the bitcoin ethos? Saylor & the Strategy team after many years of hosting bitcoin for corporations, have not figured out self-custody? Manipulatable databases is incredibly fiat and Rehypothecation is a bitch. Musical chairs is not a fun game and neither is going to court to get your money. "Trusted 3rd parties" nostr:nprofile1qqs9tc6ruevfqu7nzt72kvq8te95dqfkndj5t8hlx6n79lj03q9v6xcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsq3camnwvaz7tmwdaehgu3dxqcju7tpdd5ksmmwdejjucm0d5tdwx67 nostr:nevent1qqsy9at35m68awff9plmcvmapk0qp2cphqtgf2jnjfuffa9szf4vxpqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygz4udp7vkysw0f39l9txqr4uj6xsymfke29nmlndflzle8cszkdrvpsgqqqqqqs4j0k7m

Saylor?