@BitcoinBombadil Not sure what point you’re trying to make.
Giving examples of bad governance isn’t an argument for having no governance.
I also wasn’t talking about Bitcoin specifically.
One core idea we know from game theory is that self-interest doesn’t always produce the best outcome for everyone.
This is why good governance is important.
Treasury companies should not compete on financial reporting.
The optimal solution systemically is to embrace a shared, neutral standard instead.
This solves for the bias companies have of presenting themselves favorably.
The @Strive website is leaps and bounds ahead of @Strategy
A simple and clear message, taking all forms of investors through a concise and informative story.
The MSTR website is a dog's breakfast of information and whilst informative, does not deliver the message that Strive is able to portray via less is more.
Their podcasts are also word class. Bullish both, however Strive has been on a tear the past 12 months.
@CJ_Bitcoin@PunterJeff
@adamjweil@ylecun@spiroskaye@elonmusk the main achievement is that it got a lot of people to believe it to be "greatest product demo of all time"
Not a small achievement for sure.
@BTCBULLRIDER I was extremely bullish over 5 years in 2021, and that turned out to be wrong.
I'm waiting five more years until 2031. Still all-in till then.
If the performance is similar, I'll have to reassess how I think about this thing.
2021 to 2026 is Bitcoin's worst rolling 5 year stretch to date.
My personal investment horizon is 10 years, so I'm curious what the next 5 years will bring.
Hopefully moon.
@firesidealpha I imagine that FTL travel only really works if you have sensors that can scan ahead much faster somehow, because otherwise you don’t know what’s in front of you when you’re moving.
This kind of defeats his argument. What do you think @grok
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@jodywhunt@RobinSeyr I'm pretty tolerant to volatility having gone -90% and back without selling, but 90% is already close to a psychological breaking point for me.
@jodywhunt@RobinSeyr Personally, if I wanted even faster growth (MSTR volatility is already quite difficult psychologically), I'd rather just add a bit of leverage on MSTR
If we are right, BTC will do 100x minimum, and MSTR will do more. That should be more than plenty for most people.