reply on: Saylor Moon \ stacker news ~bitcoin

107 sats \ 9 replies \ @grayruby 1 Mar \ parent \ on: Saylor Moon bitcoin

MSTR might suffer in the sense that people who were looking for bitcoin proxies in tradfi will just go straight to the etf now but I think MSTR will benefit from the fact that eventually they will get into the S and P 500 and get the persistent passive bid which will just allow Saylor to issue more shares and buy more bitcoin.

81 sats \ 6 replies \ @siggy47 1 Mar

Also, I guess the ETFs own physical bitcoin without debt, whereas MSTR has lots of debt. Neither MSTR nor the ETF buyers own actual bitcoin, just paper promises subject to a rugpull. But the companies themselves have the real thing, obviously.

128 sats \ 5 replies \ @DarthCoin 1 Mar

Guess who is the biggest backer of MSTR? Blackrock is the main one pumping money into MSTR. They work together, but not in Bitcoin interest....

When I see so many bitcoiners kissing Saylor ass, it makes me puke...

72 sats \ 4 replies \ @siggy47 1 Mar

I'm no fan of BlackRock, but I didn't know they were involved with Saylor. Is it worth a deal with the devil to destroy the fiat banking system?

558 sats \ 3 replies \ @DarthCoin 1 Mar

Don't let them fool you with nice words about Bitcoin. Both of them DO NOT WANT to destroy the fiat system. They are big sharks swimming in the vast ocean of fiat... destroying it it will be their death.

What they want is again the same scheme banskters did in the past with gold: give me your gold and I will give you this nice paper IOU.... until people realized that there's no more gold in the vaults.

SAME SCAM over and over and people seems to fall again for it. I am warning everybody: Saylor IS NOT OUR FRIEND. Be aware.

31 sats \ 0 replies \ @OriginalSize 1 Mar

Appreciate you Darth.

0 sats \ 1 reply \ @JesseJames 2 Mar

It's true what you say but they (Blackrock) don't have a lot to say in the matter. People will use Bitcoin more and fiat less and they know it. Fiat will not be gone ( not in a hundred years) but the scale will shift so drastically that we will not recognize it. Saylor is our friend for NOW , it works for both sides, he provides free advertisement and we get BTC more worth (if you think fiat). No one can predict the future. As always, one should use its own brain and be situationally aware. One major thing I agree with is what Jack Dorsey said "You want something to thrive (tech or whatever) Use it!" We should use these sharks do to the heavy lifting, look at the speed how BTC ETF got to 10B, and ask every store you go to if they accept Bitcoin, that's how we win. ... IMHO of course.