Splendide Mendax

Retired as HF Portoflio Manager at age 30 📈 - Bitcoin early adopter and true believer ₿ - Leveraging AI for building Apps 🤖 - I share my critical thinking 💡.

[Splendide Mendax @SplendideMend]

Imagine being short #Bitcoin in 2026 because technical analysis (marketed as food for charlatans since 1970) told you that, while a single entity has bought more than 2x the supply.

Imagine being in the Modern Monetary Theory (MMT) era, where money is just a number writter on a computer, backed by nothing, valuable as toilet paper, and there are 60 millions millionaire in the world. 75% of them won't have a chance to own 1 full Bitcoin.

Imagine being in a commodity supercycle where the demand for real goods will be far above the supply, where easy/soft/inflationable money will chase decreasing disposable resources and Bitcoin is the ultimate digital real asset.

Imagine being so blind to confuse a whole set of digital financial product structuring built upon the strongest balance sheet in world for a Madoff type ponzi scheme.

Actually, you don't have to imagine. That's the world we live in.

#Bitcoin to 1 million/coin
#MSTR to 4000$/share

The rest is just charlatanism without skin in the game.

[Splendide Mendax @SplendideMend]

Another trophy in my case, this time from an angry maximalist.

[Splendide Mendax @SplendideMend]

@MichaelDunwort1 @BitcoinPierre @saylor lol.. It’s a quoted company man.. the hell.. do you think he is committing accounting fraud? Sue him for that 😅

[Splendide Mendax @SplendideMend]

This is getting really hilarious.

Math says @saylor is perfectly exploiting the Cantillon Effect to increase Bitcoin holding via multiple accretive channels.

A bunch of idiots are instead extrapolating any single word he says to produce engagement but nobody is really short the company or really believe it's going to zero.

Today is the day of this sentece below. Remember this comes from the same guys who yelled at the Ponzi scheme when @saylor was issuing new $STRC to pay dividends but somehow they also hate if he mentions that his BTC holding can be used to tap any cash needs which is exactly what a treasury is built for.

[Autism Capital 🧩 @AutismCapital]

“I said to YOU to never sell your Bitcoin. I never said that THE COMPANY wouldn’t sell its Bitcoin.”

Jesus Christ.

[Splendide Mendax @SplendideMend]

they pretend global adoption goes through the fundamental pillars of self custody, be your own bank, hard money etc.. People never understood fiat and you can bet your ass they will never understand Bitcoin. Bringing them onboard pass through easy to understand products which channel most of the benefits of a decentralised peer to peer system with a deflationary native currency into their pockets. Maximalist will hate it but this is what it is and they can’t control it.

[Splendide Mendax @SplendideMend]

@steeludder @saylor He bought 160k BTC in 2026 alone mate you can’t get go ballistic just because he sold 32 and bought 1500 back 1 week later. I mean, this is total bullshit to me, he is the biggest net buyer by distance in the market.

[Splendide Mendax @SplendideMend]

Bitcoin will succeed not matter of me, you and Saylor. The channels through which he will succeed we can’t predict. You don’t like Saylor, that’s your personal opinion, but you can bet your ass if it won’t be Saylor it will be another operator, maybe JP Morgan or another bank, and I doubt it will be as benevolent as him.

[Splendide Mendax @SplendideMend]

but unfortunately, happy or not, you will have to cope with the idea worldwide adoption will happen through financial engineering or you are so delusional to think 8 billion people, who never understood fiat, will master self custody, hard money and decentralised peer to peer systems?

[Splendide Mendax @SplendideMend]

@v_sor_ @saylor I can’t take the others responsibility, I took a side recently and my side is that all this fud on Saylor is strongly biased and that the company offers the best asymmetric returns I have ever seen in my short by meaningful career as a risk taker. Do with this what you want.

[Splendide Mendax @SplendideMend]

@GermanHODL @mattkratter Understanding how a Bitcoin bull is a Strategy bear is far above my paygrade brother. I guess you are illuminated by some sort of god power.

[Splendide Mendax @SplendideMend]

@Bank__28 @saylor 0% responded with a proof of being short so far.

[Splendide Mendax @SplendideMend]

cherry picking a window to support a flowed narrative is the ultime tool of a market fool, most of those idiots seems to forget how strongly Strategy performed since Saylor adopted the bitcoin treasury model, and this is hardly biased by the recent Bitcoin bear market. Cognitive dissonance at his finest.

[Splendide Mendax @SplendideMend]

@steeludder @saylor nice troll but the numbers say he bought 160k BTC in 2026 alone while he sold 32. I don’t think this requires any explanation.

[Splendide Mendax @SplendideMend]

@chrisrich2020 @mattkratter obviously! this is crystal clear to anybody with 2 neurons working. But a bunch of idiots take his word as religion while he is so convinced to not bet a single penny on his own argument. Amazing!

[Splendide Mendax @SplendideMend]

@v_sor_ @saylor the stock is up 1500% since he adopted the bitcoin treasury model despite morons like you that seems to forget the stock is a beta trade to bitcoin, which is down 50% from the top.

[Splendide Mendax @SplendideMend]

@GermanHODL @mattkratter 🤨

[Splendide Mendax @SplendideMend]

Honestly I have been in the risk taking industry for enough time to never trust anybody who calls for doom type of scenario without betting a penny. The effort you are making to convince everybody that Strategy is going to fail is 100x the effort you would make to reopen a brokerage account and just short it for your own benefit, unless you don't really believe in what you say.

And to be completly honest with you, your analysis is fundamentally wrong an biased by the perception you have about Saylor and not supported by the math behind his company.

The mere fact you are so intense in convince people without betting a penny is the biggest signal you are the scammer here.

[Splendide Mendax @SplendideMend]

@gr8tixx @DougKass @CNBC @TedPillows short it

[Splendide Mendax @SplendideMend]

@cmurray25 @bariksis Always at disposal for a brainstorm dude.

[Splendide Mendax @SplendideMend]

@cmurray25 @bariksis It's just too easy to see the benefits in the benevolent scenario but the risks in the malevolent one tend to be more opache. The doors to refinance themselves in the malevolent scenario are smaller by multiples for those companies.

[Splendide Mendax @SplendideMend]

Look I don't have anything againts $SATA or Metaplanet per se. I see the value proposition and I see the higher beta. I'm just seeing a lot of people confused about the risk-reward profile compared to $MSTR and $STRC.

Say you have 1 million $, I would put maximum 10% in higher beta treasury companies and the rest in Strategy.