Thoughts on Saylor and MSTR
51 sats \ 6 comments \ @343pg 19 Mar bitcoin
At the moment, Michael Saylor is saying to the market -
“We are going to borrow money at 0.875% per year interest, and buy 9,000 Bitcoin with it, as we think in 7 years time when the debt is due, the Bitcoin will be more valuable than the $600m plus interest.”
The market is saying “yes please - we require virtually no interest as we’re happy to own a type of call option on MSTR share price being at least 30% (or is it 40%?) higher in future”
In unassociated news, the US national debt is increasing at roughly the equivalent of 145,000 BTC. A day
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100 sats \ 5 replies \ @DarthCoin 19 Mar
THIS is Microstrategy for those who doesn't know yet...
https://m.stacker.news/21750
https://finance.yahoo.com/quote/MSTR/holders?fr=yhssrp_catchall
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0 sats \ 4 replies \ @343pg OP 19 Mar
What do you think is the end goal with the Bitcoin strategy?
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210 sats \ 3 replies \ @DarthCoin 19 Mar
MSTR do not have a Bitcoin strategy... MSTR have a fiat strategy.
Michael Saylor say it very clearly in this interview: he will buy all bitcoins available, will HODL them and later will lend them as collateral to all poor guys that today do not want Bitcoin. In plain sight you have the banksters and billionaires plan: to enslave you again in debt. If you still do not understand that, means that humanity deserve to be forever enslaved by few…
He don't want to use BTC as money, he just want to continue the existence of fiat and use his BTC as collateral. Aka... long live fiat.
FFS... FIAT DELENDA EST!
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10 sats \ 2 replies \ @343pg OP 19 Mar
What Saylor says on that interview is essentially governments will continue to exist in future, and so will tax of some variety- and hence they will likely still issue their own currencies. And if they do, he will likely prefer borrow the bad money, rather than spend the good. Which is pretty much exactly what he is doing now.
Have you heard Saylor on Saifedeans podcast - conceived in liberty with Patrick Newman? 2 episodes and 4 hours talking about Rothbard. He may think governments will always exist but he doesn’t exactly believe in totalitarian control and big government - I’d say totally the opposite from listening to that…. Unless he’s lying over 4 hours of a podcast of course.
I know I don’t get it or measure up here…sorry!
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333 sats \ 1 reply \ @DarthCoin 19 Mar
I don't give a shit if he talks 10 hours about Rothbards and Mises. I want to see FACTS. All those talks are MEANINGLESS without action.
  • does he pay his employees in BTC?
  • does he stop using borrowed fake money to buy more BTC? He literally take fake money from gov to buy BTC. Or supposedly buying, because we have NO proof taht he really is doing it.
  • does he show any proof of that stash?
Look again to what I just posted, MSTR is literally CIA InQtel and funded by Blackrock. You are blind or you are just ignoring those facts.
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0 sats \ 0 replies \ @343pg OP 19 Mar
He may not share your world view - I don’t either, but yeah I’d say his actions match his words. He says he likes Bitcoin and he is playing the game to acquire more of it.
Plenty of practical reasons not to pay employees in btc, not publicly reveal method of holding etc. Has he ever publicly said anyone should own MSTR over BTC itself?
And no I’m not ignoring what you posted, but I’m not sure what should be done about it. Bitcoin is money for enemies, after all.
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