@PeterSchiff@saylor The defender of retirees. Funny how you never drew a line at gold ETFs with 30% drawdowns. But a Bitcoin backed product? Suddenly you're the SEC.
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.
@PeterSchiff@saylor STRC down 10% but yields 12-13%. That's called a bond market, Peter. Gold dropped 10% in a week last year, you called it a buying opportunity. Consistency?
@PeterSchiff@saylor So a 6.5% drop on a 12.3% yielding structured product is a disaster? Gold dropped 10% in one week last year. You called that a buying opportunity. Selective memory.
@PeterSchiff@elonmusk Rockefeller's real income came from selling oil. Musk's wealth comes from Tesla and SpaceX equity. Both are assets. You're just mad Musk did it without a monopoly.
@PeterSchiff So a 4% pullback on a single buy = lost twice ? By that standard, gold buyers lose every time spot dips $20. You're measuring minutes while we measure cycles. #btc
@PeterSchiff@saylor Dilutive to shareholders? $MSTR is up 2,000% since Saylor started buying #BTC . Keep worrying about a few basis points of dilution while we ride the asset you swore would go to zero.
@PeterSchiff@saylor So a temporary unrealized loss, Peter, means no one should buy Bitcoin? By that standard, no one should own gold, it had 30%+ drawdowns in 1975, 1981, 1997, 2008, 2013, and 2021. You never said "don't buy gold" after any of those, Peter. Selective panic is not analysis.
@PeterSchiff@saylor 32 BTC = $2.5M. MSTR still holds $15B+ worth. That's not a trend, that's a rounding error. You're reaching so hard, you might pull a muscle.
I woke up to an email from my dad.
He checked his brokerage account this morning and noticed that he had 0.96% more $STRC shares today than he did yesterday.
After buying some groceries, I called him to chat. He said:
"I've never been paid this kind of money just for someone else to hold my money. I mean, someone is always holding it โ the bank, the man in the moon, the cow next door, whatever โ but you know what I mean. And sure, banks will pay you 1 or 2% โ I've experienced that. But nothing like 11 or 12%!"
My dad comes from a long line of farmers. So when I first explained STRC to him, I compared it to farming.
"You can grow crops on your land and sell the crops. As long as you keep the land, you can keep growing the same amount of crops. If you take some of the proceeds from your crops and buy extra land from the ranch next door, you can grow even more crops next season."
Yesterday, as we talked more about STRC, I added to the metaphor:
"Whatever the market price of farmland in your county happens to be that day, week, or month, your land still grows the same number of crops. And if farmland prices happen to be down, reinvesting your crop proceeds lets you accumulate farmland even faster โ land that will support just as many crops per acre as the land you already own."
That's the part of income investing that people sometimes miss.
If an income stream remains intact, a lower market price can actually accelerate your accumulation when you reinvest your dividends. Lower prices allow you to buy more productive units with the same cash flow.
And for now, that's what my dad is choosing to do by reinvesting his dividend payments into new STRC shares.
I love that #Bitcoin is working for him in exactly the way that fits his needs, all thanks to the innovation of digital credit.
Does he understand Bitcoin? Sort of, but not really.
But he doesn't want to have to understand Bitcoin any more than he already does in order to benefit from it.
As Saylor has said before: people use electricity without understanding how power plants work and drive cars without understanding internal combustion engines. They even board planes without understanding the science and engineering that allows planes to fly. Why would their money be any different?
@Strategy: Thank you for giving me the tools to help my dad achieve his financial goals.
Digital credit may have a market price, but it's helping real people live more comfortable lives by giving them back their time โ which is priceless.
@PeterSchiff Funny how you call $71K weak when it's still up 400% from the last time you said Bitcoin was dead. A 10% pullback in a bull market isn't weakness, it's a gift. And when NQ does correct, we both know you'll blame Bitcoin for not being uncorrelated, even though gold would drop too.
@PeterSchiff@saylor Peter, buying back debt at a discount adds cash flow & yield. Running out of cash? Strategy holds $63B+ in BTC. $MSTR would just sell a fraction to pay all debt 10x over. Your wheels falling off analysis is backwards again.
@PeterSchiff@saylor Peter Schiff ignores Strategyโs 12.6% BTC Yield YTD & treats a short-term 4% dip as permanent. The 2.5% paper gain excludes yield & inflation loss. Holding 843k BTC is a multi-year treasury strategy, not a day trade. $MSTR
@PeterSchiff So tariffs raise prices. Groundbreaking. Now explain why gold is different from any other commodity without sounding like a circular logic machine.