Dr. Ross wants a world priced in #BTC, which sounds futuristic until you realize that under a deflationary standard, buying a sandwich today means eating a Lamborghini tomorrow.
https://t.co/FIgZ53Xr5O
$BTC by utility: overpriced.
#BTC by hyperbitcoinization: 'undervalued.'
But hyperbitcoinization is a flawed prophecy.
So you're paying prophecy prices for utility value.
That's not alpha. That's religion.
And tulip houses don't survive winter.
https://t.co/7nE0Nri13q
@JamesWynnReal Overleveraged against volatile collateral, with insufficient operating income to cover interest, dividends, and operating costs net of tax—that's the bleeding picture for MSTR, even assuming #BTC doesn’t drop.
If $BTC crashes, the downside could become self‑reinforcing.
Energy is spent to secure #BTC, not stored inside it.
Energy dissipates; currency circulates. One is entropy, the other is exchange.
https://t.co/QugczG1B2h
@saylordocs If trillions were really guaranteed to pour into #BTC after one bill, Kevin O’Leary wouldn’t be hyping it on camera—he’d be quietly front‑running you, not advertising the trade. #Bit
@SimplyBitcoin#BTC is built on math, but it is not equivalent to math.
Calling it “just math” is a way to dodge the real issues: governance, centralization, regulation, security incentives, and human behavior.
@saylordocs Saylor is describing a speculative attack on the US Dollar using corporate credit markets. It is not a business strategy in the traditional sense; it is a massive, leveraged gamble.