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312 sats \ 7 replies \ @Jon_Hodl 1 Dec \ on: Swan the new FTX this cycle? news
~87% of Swan users take custody of their sats.
There was billions of dollars on FTX. Swan’s custodian maybe holds millions. If Swan goes down it will have little to no impact on anything.
MSTR will be the next FTX.
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37 sats \ 1 reply \ @standardcrypto 2 Dec
Probably
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0 sats \ 0 replies \ @Jon_Hodl 2 Dec
🎯
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11 sats \ 4 replies \ @ZezzebbulTheMysterious 1 Dec
Do you really believe this? MSTR is already 2x FTX, at public markets vs funny evaluations. Maybe FTX was really worth 1/4 of MSTR market cap today.
MSTR will be much larger as passive market funds start buying on a regular basis. If it blows up, it’s going to eat a bunch of the worlds passive (eg: retirement) funds, not just degen FTXers.
What’s the risk here?
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32 sats \ 0 replies \ @Shugard OP 1 Dec
I just hope I have plenty of popcorn on hand when this all kicks off!
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11 sats \ 0 replies \ @Jon_Hodl 1 Dec
Saylor doesn’t have the keys. Coinbase does 🔑
The greatest rug pull is yet to come.
I hope I’m wrong.
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0 sats \ 1 reply \ @joda 2 Dec
It will be a long time before any individual pension funds etc has significant MSTR exposure-- probably never. What board is going to put even 5% into what is known to be a high-risk Bitcoin proxy?
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0 sats \ 0 replies \ @ZezzebbulTheMysterious 2 Dec
Oh, i disagree. It’s the pension funds and insurance companies that are eating up the convertible debt. They are buying 0% bonds, with a major equity upside. Watch.
The QQQ inclusion notification is pending too…
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