I am a senior level finance person at a publicly traded financial services company. Those of us in the echo chamber get annoyed that folks "just don't get it".
I work with highly educated individuals and they "just don't get it". Why?
1/8
@MarylandHODL21@saylor on a similar thread this was my response and think it resonates with your perspective. If you believe in bitcoin, everything will be okay
this is the correct take. given bitcoin's scarcity, macro inflationary concerns and the belief that bitcoin's adoption will persist, one must assume
bitcoin's price will appreciate
that is certainly Saylor's perspective; granted, it's easier to have that perspective with shareholder money than one's personal assets .
everything is going to be ok. i don't know when or if STRC returns or par but am pretty damn confident the MSTR ecosystem will ultimately thrive. if i didn't, then i might as well sell bitcoin. they are directly correlated
this is the correct take. given bitcoin's scarcity, macro inflationary concerns and the belief that bitcoin's adoption will persist, one must assume
bitcoin's price will appreciate
that is certainly Saylor's perspective; granted, it's easier to have that perspective with shareholder money than one's personal assets .
everything is going to be ok. i don't know when or if STRC returns or par but am pretty damn confident the MSTR ecosystem will ultimately thrive. if i didn't, then i might as well sell bitcoin. they are directly correlated
@BrainHarrington in order to have friends, you have to let the friends talk. Saylor is too much of an egomaniac. he doesn't ever STFU
btw, I am a fan but refuse to listen to any of his diatribe podcasts
I don't have an opinion what's the driver that's driving your thesis ?
Is it that mstr will stockpile more cash reserves ?
Is it that Bitcoin will appreciate in value; therein strengthening conviction in one's STRC strategy that MSTR will continue to be able to pay interest ?
Or maybe you believe it is artificially being driven lower by some outside force?
i sincerely value your input
I don't think that is too far off Joe.
grassroots efforts have dissipated . people are tired of being mocked because folks have preconceptions of bitcoin
even holders question their thesis. will adoption continue or early adopters the last adopters?
in the end bitcoin should be measured in one's purchasing power. If you do not believe adoption will continue, one has to question their thesis of bitcoin being a preservation of one's purchasing power.
yeah look I am not a normal bitcoiner. i don't live by the mantra of 1 BTC = 1 BTC
i look at my bitcoin stack and compare it to the purchasing power it has over time
if bitcoin's purchasing power diminishes, I get concerned but have always reasoned that the thesis of scarcity and continued adoption will ultimately lead to sustained resumption of increased purchasing power. So far I still hold that thesis
I think Saylor is different. I think he has unwavering conviction that one must accumulate Bitcoin at all costs.
With that said, it's a bit easier to have that unwavering conviction when one is making these bets with shareholders money and not their own. While I am sure that Saylor holds bitcoin in his personal portfolio, I am fairly certain his personal portfolio is considerably more diversified. that to me would demonstrate his true unwavering conviction in his strategyZ
@IIICapital if you believe that , then we should all sell because bitcoin is much too vulnerable to ever evolve into the monetary protocol for the world.
not saying you're right or wrong...
@DaniREscudero@saylor@Strategy I think you mean "cryptic"- not "encrypted"
furthermore, it's not a cryptic post. The 846k number is merely MSTR's holdings. and he is presumably continuing to add to the stack. I don't see what's cryptic about it
Not a Saylor fanboy here. just trying to be objective
I am going to be respectful since you said you don't get it
Google liquid wealth vs non-liquid wealth.
Then you will understand why he can't save the world.
Then google how much in taxes Elon personally pays in taxes as well as how much his companies pay.
Then ask yourself what the state and federal governments are doing with those taxes paid.
Then ask yourself who is really to blame
love it when 2 bitches argue.
Jason, he is right. when you erode the middle class, there is inevitably a revolution . pick up a history book you cunt.
Gavin, he's right too. rid your state of waste and corruption. make it tax friendly , make it welcoming to business.
but most of all, you 2 stop being arrogant little bitches m, both deserving of an epic ass whoopins that are so long overdue.
@Puncher522@GaryCardone@jo42993661 he's an attention seeking clown
he sets his narrative so that he always looks like he's right regardless of how bitcoin moves .
tell that to @_DannyKnowles when you were in What Bitcoin Did.
You were an arrogant asshole. He was trying to do his job and ask the questions that both he and many listeners wanted and you did nothing but berate him and try to make him feel small.
you might be smart but you drone on and on with so much bullshit, it would be impossible for someone to have true meaningful dialogue. why? because you are so conceited, you just want to hear yourself talk. In short, you're a douche of epic proportions.
and your company? it's built on a big bet. if bitcoin tanks, and there's a less than Zero chance that it does, shareholder value craters. Why? because you have no marketable idea in which you build an actual product... it's all financial engineering... i hope it works ou.t... it's easy to take risks.. with other people's money .
@onlyskypace it's sad that knowing the answer to this denites above average intelligence. If i am not mistaken I think i learned this somewhere around age 10-12