Stay humble and stack sats…or MSTR shares?
376 sats \ 8 comments \ @stefano 14 Nov bitcoin
I'm wading into controversial waters here.
As a convinced Bitcoin maxi, I’m all about buying sats directly and keeping it secure in cold storage. Yet lately, I’ve noticed a growing trend among Bitcoiners: buying MicroStrategy (MSTR) shares.
MicroStrategy, led by Michael Saylor, as we all know has essentially become a publicly traded Bitcoin holder, using its access to leverage and favorable interest rates to pursue its BTC capital allocation strategy.
So here’s the question: by going the MSTR route, we give up the benefits of self-custody and open ourselves to third-party risks. On the flip side, some argue that investing in MSTR is an alternative way to back hyperbitcoinization, supporting Bitcoin adoption at the corporate level.
What do you think—are MSTR shares an alternative for true maxis, or is this just another fiat-minded, profit-driven approach?
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127 sats \ 0 replies \ @teemupleb 14 Nov
I can’t buy a coffee with a MSTR stock
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16 sats \ 0 replies \ @TNStacker 14 Nov
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1111 sats \ 0 replies \ @DarthCoin 14 Nov
Saylor is a scam, a fiat maxi, a gov agent to fool you all.
Do you want his bullshit MSTR? Fine. More sats for me
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10 sats \ 0 replies \ @stack_harder 14 Nov
i think we all know that a true maxi would never use mstr shares as an alternative, it would be a proxy for a pensioner that wants some exposure to btc without any of the work and personal growth involved
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0 sats \ 0 replies \ @028559d218 14 Nov
Buy the real thing if you can.
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0 sats \ 0 replies \ @kepford 14 Nov
fiat-minded, profit-driven approach?
Everyone has internal meanings for things they say and often they do not align with what others mean by the same words.
To me fiat minded and profit driven are not both bad. I work and run a business to make a profit on my time. I save in Bitcoin because I don't want that work to be wasted away. I want my life force to at least sustain and better yet increase. That's called profit. It's not fiat minded.
Now, fiat minded is primarily a thing produced by monetary inflation. If your money is ever decreasing in spending power we are incentivized to spend now and not save. Its time preference. Fiat influences us to spend rather than save. Its different from profit minded.
A bit of advice. You really should not care what so called maxi think. What do you think? What are your goals? Many that call themselves Maxis are just LARPers and keyboard warriors.
You clearly see the tradeoff differences in a stock vs bitcoin. The rational advice many give on MSTR even from Saylor is buy Bitcoin. If you have money in a tax advantaged investment account it's likely going to be a tax hit to pull it out. Maybe you think it's worth taking it out for many reasons. No one should be able to make that decision for you. Depends to much on your view of government and the future.
I would never buy MSTR over bitcoin. But if I had money trapped in a fiat based system and was going to lose a lot by pulling out I would need to do the math. If I decided to leave it in I would probably buy an ETF and maybe MSTR. Good luck
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0 sats \ 0 replies \ @SimpleStacker 14 Nov
What do you think—are MSTR shares an alternative for true maxis, or is this just another fiat-minded, profit-driven approach?
It's a fiat-minded, profit-driven approach.
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0 sats \ 0 replies \ @Wetoshi 14 Nov
I stack sats as priority number 1.
However, I had money in accounts (IRA) that I couldn’t buy Bitcoin with. So, I dumped that into $MSTR.
Bitcoin is the signal, $MSTR is riding the wave.
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