Watching @MicroStrategy accumulate Bitcoin in real time is insane...
4.6 BTC per minute so far today.
A few days ago we surpassed 20,000,000 Bitcoin meaning there are less than 999,956 BTC left.
People haven't done the math.
@saylor has figured out the product that 1% of a $300 trillion bond market is going to want.
Satoshi Nakamoto figured out how to make peer to peer electronic cash.
Michael @saylor has finally figured out how to dig a channel in the ground from the massive ocean of endless fiat money so that gravity can do the work for water to flow into the kiddie pool that is Bitcoin.
STRC is still only $3.8 billion and 1% of $300 trillion is $3 trillion... This Bitcoin price is not sustainable.
STRC accumulated now well over 1,100 BTC today. There are less than a million Bitcoin to be issued and a handful of million that can be sold.
What happens after 1,000 trading days? Bitcoin is infinity divisible so we won't run out or lose volume, but price must go up.
What happens when a major world government simply "copy+paste" this for it's own sovereign debt+currency?
The playbook is literally right here in real time.
The demand is insatiable because you can print currency forever.
"The first country that prints it's own currency for Bitcoin wins." - @saylor
https://t.co/xvwhG7NyLb
It seems like Strategy could buy around 1,000 Bitcoin per day with just the STRC inflows.
What’s going to happen when STRC volume is 10x what it is now and Saylor can buy 50,000 Bitcoin per week?
The fixed income market runs deep.
You’re not thinking big enough.
The upward mNAV pressure on the common stock causing the common stock ATM working in tandem with STRC is the endgame.
This is the capital pipeline to Bitcoin we’ve been waiting 17 years for.
Things are going to get absolutely crazy from here.
@zerohedge True.
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.