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So the difference with Saylor's ponzi and Madoff is that Saylor has the forever-scam?
Plus with equities if you think Saylor is naked dump the stock and all the preferreds and you have zero exposure to his ponzi as you so believe it is.
I'm not worried about my exposure; I have none. I'm worried about those among us that have it for more than they can afford to lose, because they get sucked into the scam. But it's only up to a point... bottom line, everyone is free to do whatever they want.
Like I said, I can't prove that it will implode. Would if I could, but I think that it can only be theory. In reality, we'll have to see.
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You would be correct if he didn’t have a massive bag of bitcoin. Most ponzi don’t keep a highly liquid asset on the balance sheet. Any cash that comes in goes out to old investors
If Madoff had Saylors balance sheet he could ran his ponzi forever. But he didn’t investors called in their capital and he was naked.
Plus with equities if you think Saylor is naked dump the stock and all the preferreds and you have zero exposure to his ponzi as you so believe it is.