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Replies (53)
The rugs keep on coming 
🤓
Run it back fam
Dam
What is strc?
basically the iphone
You buying the dip?
Handy template for future use
Looks like they’re overstretched, should’ve stayed humble
I searched it on Brave Search. Now I know, and for some reason just don't care
🤣
Yo
Oooffff
People get burned and never learn their lessons lol
How can any debt issuance with a coupon obligation even be mentioned in the same sentence as revenue?
It’s cuz Saylor was mean to @Danny Knowles
STRC did a full Bart Simpson 😂 
SATA is trading at 100$
Looks like a shitcoin. I look forward to the day a bankruptcy judge dismantles this scam masquerading as a company.
ouch - that chart
yield is now 1%
13k back in play? Lol
It's all so dumb
The chart is funny, but are we really comparing a credit product to Luna? Trading down just means the market demands higher yield for the risk. It's not a stablecoin.
Feels like this may need to unwind before we go back up 😁 imagine the sentiment then.
200k by conference day!
bitcoins don't really come from storcs, buddy
iPhone after Steve Jobs?
Things are not looking good for STRC. Saylor just can’t help himself. Too smart by a half.
When markets are up, every Bitcoin believer is your admirable, intelligent friend. When markets are down, the knives come out. I have some serious differences with Mr. Saylor, but I take no joy in his current troubles and sincerely believe that the inevitable future rise in value of our immutable money will vindicate his belief in BTC -- if it comes in time.
Fuck saylor and his fiat rotten games he has been playing on Bitcoin for the past 5 or so year. Didn't like this grifter from the start, and always knew deep inside that this motherfucker will push his greed too far over board and sink his ship.
As the saying goes "Fuck around and find out"
@groke
I hope the girl in the AI STRC promo video is doing ok
I don’t understand why they aren’t actively managing it, ie wouldn’t intervene and buy back some STRC to keep it closer to the peg. Gives their flagship creation a massive black eye. The dividend rate adjustments alone is evidently not enough
Oh the iPhong tweet
IYKYK.
View quoted note →
its more a bottom signal, because who needs 11%
when you can get 50% with bitcoin buying right now.
STRC is god for sideways chop or in a bear.
But Red going down is good, right?
If that chart was green I'd be worried...
Because if green goes down, that's bad.
KISS SAYLOR'S SOVEREIGN WALL ASS
whoops. stupid games, stupid prizes
I loved @jack mallers breakdown of all of this last Mailbag Monday. Favorite part was Saylor telling Jack it was all in the 8k and then Jack read the 8k 😂
Strc crashing is probably good for mstr because they have less dividends to pay out and the same amount of BTC on the books.
The boots story cracked me up much more
because they think they will get a better risk adjusted return lending fiat then buying bitcoin
thats not how it works, they provide fiat and when a loan is paid back or defaults they get paid back fiat
loans have significant risk, borrow conservatively if at all, i think they are most useful as legal tax avoidance rather than leverage
thats not how it works
we only sell the minimum amount required to get the loan back in good standing and send that fiat to the lender
if you dont trust us to be honest actors then thats a perfectly good reason not to use the product
💯
Gotta do your proof of work!!!! Go Jack!
