“We weren’t taught financial literacy”
You weren’t taught how to use social media, sex, travel, shopping or video games either but somehow you figured it out
Let me explain what just happened with the Swatch x AP collab…
People camped outside stores for 8 days to buy them.
The watch retails for $400. It’s reselling for $910 right now.
That’s $510 profit. Sounds good right?
Now do the math. 8 days is 192 hours.
$510 divided by 192 hours is $2.65 an hour…
That is below minimum wage in every single state in America.
Now here’s the part nobody is talking about…
Swatch has no supply limit on this watch. They’re going to make millions of them. In one week you’ll be able to walk in the store and buy one for $400.
People camped on a sidewalk for 8 days to make below minimum wage on a product that’s going to be available everywhere within a few days…
This is what reselling has become.
No matter how many Americans say they are struggling right now, cant find work, cant save money, rent is too high, groceries are too high, gas is too high, they are gonna always find a way to be consumers anyway.
This is actually strategic & bullish for both MSTR & BTC
For MSTR: It creates investor confidence & morale, in turn producing greater fundraising & capital allocation ability for MSTR to buy more
For BTC: This Keeps the market fair & fluent by adding supply back into the market
JUST IN: Michael Saylor's Strategy proposes selling some Bitcoin to pay dividends.
"You buy Bitcoin with credit, you let it appreciate, and then you sell Bitcoin to pay the dividend."
Really are a bunch of geniuses out there in the hood being overlooked everyday from finance, business and economics, to math, sciences and engineering. Just a bunch of untapped talent man!