John "Scargs" Scargall

Singer/Songwriter. Investor. Content creator. Dog Dad. I don't know the future, but it's fun to talk about it. Twitch: GIBenFranklin

[John "Scargs" Scargall @ScargsStuff]

@valerijatrades1 Valerie, on here everyone says "DYOR" until the conclusion of our research disagrees with theirs. 😂

[John "Scargs" Scargall @ScargsStuff]

I see what you're saying about the overleveraged crowd.

I'm always going to go back to the marketing of STRC.

If it wasn't meant to be used as something that could reliably be at or close to par (which I agree with you, it's not something guaranteed to be at par), then why did Strategy market it as if it was?

I understand people have different interpretations of Strategy's ads. For me, I interpreted them as them saying this was an investment for the "comfortable life", a "passenger jet" ride, all things implying stability, and comparisons to savings accounts on podcast interviews.

Sure, they disclosed the possibility that one could lose all of their money in the tiny print in the disclosures.

But like, if a car salesmen sells me a car and says it gets 40 mpg, assures me constantly everywhere in ads that it gets 40 mpg, and then the small print that he doesn't ever tell me to look at says "MPG can range between 10mpg and 40 mpg", I'd be upset with that too.

I mean, how do you trust someone after that? That's just where I'm at with Strategy right now.

I could be wrong, of course, and STRC could end up working out great, and I honestly hope it does. It just doesn't sit well with me given the marketing.

[John "Scargs" Scargall @ScargsStuff]

This is what concerns me about $STRC. Below, Saylor says that "volatility is never easy". What he doesn't say is: we did not expect volatility, but it happened.

Why do I think that is significant? Because in most of the marketing I've seen for STRC, it was sold as some sort of safe way to "Save Different", a "passenger jet" smooth ride, for people meant to live a "comfortable life" (The AI Girl retired on an island ad).

Sure, buried in the tiny text of the disclosure statements it does say that there is a risk of losing all of your money, so I'm not alleging a crime here.

However...

Ask yourself... If Strategy knew and expected that volatility was built into STRC...

... And they ran ads anyway that, to me, implied this was money-market like stability with higher yield...

What does that signal? You decide for yourself.

For me, it signals something that cannot be trusted.

But as always, I could be wrong.

This is not financial advice. Make your own decisions.

[Michael Saylor @saylor]

Markets are closed today.
Volatility is never easy.
Bitcoin keeps working.
So do we.
Thank you for your support.

[John "Scargs" Scargall @ScargsStuff]

@ZynxBTC @BTCoptioneer My question for you is, you said it probably shouldn't be advertised as cash "right now". Do you think there is a time it should ever be advertised as cash?

[John "Scargs" Scargall @ScargsStuff]

@IMissDiners @Croesus_BTC @DrJStrategy Yes, refreshingly good and nuanced discussion via X, always a good day when that happens lol

[John "Scargs" Scargall @ScargsStuff]

@BTCoptioneer I hope so. But can that genie be put back in the bottle? If they do change the marketing to include the volatility more prominently (not just in the fine print), is that an admission that they intentionally misled with the previous marketing? We'll see.

[John "Scargs" Scargall @ScargsStuff]

@Croesus_BTC @IMissDiners @DrJStrategy I agree in comparison to BTC price volatility that it is the passenger jet, we're in agreement there.

And I definitely hope that's how it is marketed going forward, in a transparent way of what STRC actually is.

[John "Scargs" Scargall @ScargsStuff]

@Croesus_BTC @IMissDiners @DrJStrategy https://t.co/esQVMjN554

[Natalie Brunell ⚡️ @natbrunell]

Your bank pays you almost nothing on your savings...on purpose. Because you're not rich enough to matter to them.

STRC pays 11.5%. Tax-deferred. Whether you have $100 or $1 million.

Strategy's CEO @phongle explains why this changes everything.

Full show:

[John "Scargs" Scargall @ScargsStuff]

@Croesus_BTC @IMissDiners @DrJStrategy Jesse, this group of people were marketed to by Strategy that this was the "passenger jet" ride, a way to "save different". These people put their immediate expenses into this thing thinking they could sell at par, because that's what was sold to them.

[John "Scargs" Scargall @ScargsStuff]

@Croesus_BTC @IMissDiners @DrJStrategy https://t.co/Q7CsVmpbQZ

[Michael Saylor @saylor]

You weren’t meant to live an uncomfortable life. $STRC

[John "Scargs" Scargall @ScargsStuff]

@DrJStrategy I understand what you're saying James. My concern is, at what point does the sales guy of the free lunch lose his credibility for, what in my opinion was misleading people? For me, I ask, what else is Strategy willing to do if they also were willing to do that?

[John "Scargs" Scargall @ScargsStuff]

@jaymesrosenthal @saylor Yep I get what you're saying. For me it's the trust thing. If Saylor and Strategy are willing to market STRC as some sort of stable, safe "passenger jet" ride, and then not even acknowledge it when it's not behaving that way... What else are they willing to do?

[John "Scargs" Scargall @ScargsStuff]

@StealthQE4 She wasn't meant to live an uncomfortable life! https://t.co/Q7CsVmpbQZ

[Michael Saylor @saylor]

You weren’t meant to live an uncomfortable life. $STRC

[John "Scargs" Scargall @ScargsStuff]

@StealthQE4 A lot of people are saying "it's new" and "just needs time to return to par like it always has before". They may be right, or not, I don't know. For me, this STRC stuff reminds me of the turkey problem. Everything seems great, until Thanksgiving comes around. We'll see.

[John "Scargs" Scargall @ScargsStuff]

@phongle Listening, learning, leaving it all out on the field, stewardship, synergy, steady hand, play by play...
https://t.co/VlaZhS1M1R

[John "Scargs" Scargall @ScargsStuff]

@CryptoKaleo @phongle "Good team, great team... Left it all out on the field today... Execution-wise. Execute."
https://t.co/VlaZhS1M1R

[John "Scargs" Scargall @ScargsStuff]

@BTCoptioneer I get that, but I always go back to how Saylor marketed STRC as the "passenger jet" ride, the smooth, safe way to "Save different". I have seen that there are people who bought at $100 expecting that to be true and are selling principal to pay for short term expenses.

[John "Scargs" Scargall @ScargsStuff]

@FerricWilliam I understand what you're saying. My issue is that to me, Saylor advertised STRC as something stable, the "passenger jet" ride, the way to "Save different" in the ads. And I feel like a lot of those forced sellers were expecting $100 to stick when they sell to pay expenses.

[John "Scargs" Scargall @ScargsStuff]

@ArchitectIncome @saylor I personally think it was marketed in a misleading way to encourage that buying at par. Saylor called it the "Passenger jet" ride and his AI girl said "she wasn't meant to live an uncomfortable life". https://t.co/Q7CsVmpbQZ

[Michael Saylor @saylor]

You weren’t meant to live an uncomfortable life. $STRC

[John "Scargs" Scargall @ScargsStuff]

@CautiousOptimi4 @ChrisMMillas I get what you're saying. I don't know what will ultimately happen with STRC. For me personally it reminds me of the turkey problem. Everything looked great until Thanksgiving came.