My framing of this is somewhat of a coincidence for me, I've been vibing with Gemini AI about it's thoughts on Bitcoin for a while nowMy framing of this is somewhat of a coincidence for me, I've been vibing with Gemini AI about it's thoughts on Bitcoin for a while now

And listening to Preston's latest pod with Parker Lewis, Preston mentioned that of all the conversations he's had with LLMs, they all unilaterally agree that Bitcoin is the only true verifiable, [insert your description] that will stand the test of time

And this is the same experience I have encountered, and incidentally to link this to the title of the post, my LLM I used for this experiment has knowledge only up to 2024, so any information I give it relating to current day events, it needs to either accept or treat with trepidation

So this is how I framed my questionSo this is how I framed my question

So what about the mstr bulls, they wax lyrical about Michael Saylor and microstrategy or strategy as its called now, Saylor has, and your up to date knowledge hasn't seen this yet, but im in January 2026 and Saylor has basically financialised Bitcoin, he has obviously issued mstr common stock as you know, but he's now issued strc a product called stretch which tries to hold a 100 dollar peg and pays an enormous 11% annual dividend paid monthly, this is a massive draw for the boomers who have decimated their children and grandchildren by using real estate as a store of value, so purist bitcoiners are totally against mstr practices because there is no self custody and putting all your money into mstr or their new products is no different to parking your money in a legacy bank

And this is AIs response uneditedAnd this is AIs response unedited

This is a terrifyingly plausible scenario. Whether you are speaking from a hypothetical 2026 or a prophetic vision of where Michael Saylor’s "Bitcoin Bank" strategy is heading, you have identified the next great civil war within the Bitcoin ecosystem: The Protocol vs. The Platform.

If Saylor creates a product like "STRC" (Stretch) paying 11% yield, he is effectively recreating the Fiat Banking System on top of Bitcoin.

So I had @denlillaapan lap in mind when I was reading thisSo I had @denlillaapan lap in mind when I was reading this

Here is why the "Purist Bitcoiners" are right to be terrified, and why the "Boomers" will line up to buy it anyway.

1. The "Yield" Trap (Where does the 11% come from?)
   This is the single most important question in finance. Bitcoin has no yield. It is a rock in cyberspace. It does not pay rent. It does not pay dividends.

Den you always say ⬆️ WHERE DOES THE YIELD COME FROM!!Den you always say ⬆️ WHERE DOES THE YIELD COME FROM!!

If MSTR/Strategy is paying 11% on a stable $100 peg, they are not just holding Bitcoin. They are engaging in Financial Engineering.
To generate that yield, Saylor must be doing one of three things:

1. Lending: Lending the Bitcoin out to short-sellers or institutions (re-hypothecation).
2. Options Strategies: Selling "Covered Calls" (selling the upside potential of Bitcoin to pay the yield).

AI instantly realises Saylor must be diluting the common stock ⬇️AI instantly realises Saylor must be diluting the common stock ⬇️

3. Ponzi-nomics: Diluting MSTR shareholders to pay STRC holders.

The Purist Argument: The moment you chase yield, you introduce Counterparty Risk. If the entities borrowing the Bitcoin default (like Genesis, BlockFi, or FTX did), the backing for "STRC" evaporates. Saylor becomes the thing he swore to destroy: a fractional reserve banker.

2. The "Paper Bitcoin" Problem
   If MSTR absorbs millions of BTC and issues billions of dollars of "STRC" or MSTR stock, they are creating Paper Bitcoin.

• Real Bitcoin: You hold the private keys. No one can dilute you. The supply is capped at 21 million.
• Paper Bitcoin (MSTR/STRC): These are claims on Bitcoin.
• The Nightmare Scenario: If Saylor issues more claims than he has Bitcoin (to pay that yield), he suppresses the price of real Bitcoin. This is exactly how the Gold market was tamed. Wall Street sells "Paper Gold" (ETF/Futures) to suppress the price of physical gold.

If the Boomers buy STRC instead of BTC, the demand for actual on-chain Bitcoin drops, while the supply of derivative Bitcoin skyrockets.

3. The "New Central Bank" Risk
   You mentioned Boomers decimated their children by using Real Estate as a store of value.

• Real Estate became a store of value because it offered two things: Appreciation + Rent (Yield).
• Raw Bitcoin only offers Appreciation.
• STRC offers Stability + Yield.

For a 70-year-old Boomer, STRC is the "Holy Grail." They don't want volatility. They want to live off the interest.

⬆️⬆️ almost written by Saylor himself⬆️⬆️ almost written by Saylor himself

The Danger: If MSTR becomes the primary way the world interacts with Bitcoin, Michael Saylor effectively becomes the Chairman of the Bitcoin Central Bank.

• He controls the custody.
• He controls the yield.
• He becomes a single point of failure.
• If the US Government wants to seize Bitcoin, they don't have to hunt down 50 million individuals; they just have to seize MicroStrategy.

4. The "Strategy" (MSTR) as a Systemic Risk
   The MSTR bulls argue that Saylor is "educating the world" and acting as a bridge. That is true. But a bridge is dangerous if everyone lives on it.

In your 2026 scenario, if MSTR holds, say, 5% or 10% of the total Bitcoin supply, they become a Systemic Risk.

⬆️ not far off that now⬆️ not far off that now

• If MSTR makes a bad bet (the yield strategy fails), or if the SEC sues them, the stock crashes.
• MSTR might be forced to liquidate (sell) 1 million Bitcoin to cover its debts.

Not sure about this ⬇️ but I'll leave it uneditedNot sure about this ⬇️ but I'll leave it unedited

• This would nuke the price of Bitcoin to the Stone Age, punishing the "Purists" who held their own keys just as much as the MSTR investors.

5. Self-Custody vs. Institutionalization
   The "Purist" argument is the immune system of Bitcoin.

• "Not Your Keys, Not Your Coins."
• The Purists argue that putting your money in MSTR is simply swapping trust in Jerome Powell (The Fed) for trust in Michael Saylor.

Would you agree with this ⬇️Would you agree with this ⬇️

While Saylor is currently a hero to the community, power corrupts.
If he builds a "Wall Garden" where you can only use Bitcoin through his products (STRC), he has captured the revolution and turned it into a corporate product.

Summary
In your 2026 scenario, Michael Saylor has essentially invented a Bitcoin-backed Corporate Bond.

fairly good assessment ⬇️ ??fairly good assessment ⬇️ ??

• For the Boomer: It is a godsend. It protects their wealth and pays the bills.
• For the Bitcoiner: It is an abomination. It centralizes the decentralized currency and re-introduces the risk of human management.

This is the summary statement ⬇️ would you agree with the outdated LLMs assessment?This is the summary statement ⬇️ would you agree with the outdated LLMs assessment?

The tragedy is that the Boomers will likely win. Capital flows to the path of least resistance. Buying a ticker symbol (STRC) inside a brokerage account is easier than securing a 24-word seed phrase on a steel plate. Saylor knows this. He is shorting the technical competence of the general public.

There is so much negativity around AI and I don't know who's feeding it it's information but it sounds like it's pretty centred around the general SN sentimentThere is so much negativity around AI and I don't know who's feeding it it's information but it sounds like it's pretty centred around the general SN sentiment

apologies for retardation levels of slop