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0 sats \ 3 replies \ @denlillaapan OP 17h \ parent \ on: Saylor's Latest Strategy: Raising Funds to Pay Dividends econ
Literally in the article above.
If your "returns" depend on raising capital from new investors to pay the old ones, you're literally a Ponzi.
Sandstedt's article at BitcoinMagazine lays it out well https://bitcoinmagazine.com/bigread/the-bitcoin-treasury-companies-bubble
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19 sats \ 1 reply \ @nkmg1c_ventures 12h
They also make money on software, so if the only source of income was new investors I'd totally be with you. I think they added that clause because dollars are normally fungible, also the holders of preferred shares are treated as more "first-class shareholders" in many settings.
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0 sats \ 0 replies \ @denlillaapan OP 5h
True-iiiish. Sodtwar business makes moneyz but it's almost nothing in comparison
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0 sats \ 0 replies \ @bitcoingraffiti 50m
You can't explain it in your own words?
No, sir, it's financed through Bitcoin increasing in value. I.e. you borrow at lower rates and invest it in something with a higher return. That's the same way banks operate, and they're not ponzis. This is also how corporates borrow money to invest in a growing business.
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