@PunterJeff Agree Jeff, the financial strength is obvious to bitcoiners. Now the challenge is to find a source of income until BTC can reclaim new highs. Otherwise MSTR is dead money.
@ryQuant@Strategy That is the long term view I envision. My conviction in MSTR is built on their optionality. You must have 20/20 vision to see the possibilities.
My take on success:
Bravery is the core ingredient in almost anything worth achieving.
Most people think the barrier is hard work. It really isn’t. Hard work is number two.
Fear is number one, and it’s not close.
Fear of pain, loss, embarrassment, stress. Fear of being wrong. Fear of looking stupid.
If you’re willing to wear the wrong outcome and keep moving anyway, most people can’t compete with you.
Most people already quit at the feeling of fear. That’s where the real opportunity is.
caught up with a friend of mine who had been in crypto since 2017. works at a startup. they are very close to shutting down completely. no funding left. crypto VCs are all either bankrupt or they’ve pivoted to ai. can’t raise money. they are hoping for a btc pump before their runway ends so they can hopefully sell their company for 5% of what it was valued in 2021
founders started with 10,000 BTC (they were OGs), have sold 2/3rds trying to keep company afloat.
in case you’re wondering who has been selling, and what crypto contagion looks like.
it looks like a bitcoin cycle with no alt season. every pile of shit in this fake industry going to zero, and a drag on BTC performance as they sell the only thing they can.
we are close to the end. they have run out of coins. sold to Fink and Saylor.
this is the true cost of communism.
rich societies build infrastructure that doesn’t crumble to dust during natural disasters.
every death here is attributable to communism, the most evil and devastating ideology in human history.
@BitPaine They’ve got plenty of runway, have to control the FUD. Maybe this exposes private credit and sentiment shifts on BTC and it quickly becomes a flight to safety.
"Crypto" is going to zero. Bitcoin is going to 1M+.
I've been working on Bitcoin since early 2013 when it was ~$50. First it was going to zero because of Silk Road. Then Mt. Gox. Then governments were going to ban it. Then it was slow technology and it was going to be crushed by all of the other coins. Then Sam Bankman-Fried and FTX were sending it to zero. Now there are new narratives. New people that are far too levered, don't understand Bitcoin, but are somehow here to fix it.
Yet, somehow, here we are. A $1T asset.
Bitcoin has been the best thing I could have poured my life into over the last 13+ years. Meanwhile, trust in governments and their ability to stop destroying the people and their purchasing power has never been worse in those same 13+ years.
At the end of the day, my advice to you: the Bitcoin journey is a hero's journey. You kill your ego. You surrender the idea that you're the all-knower of the future, the main character, and important enough to matter to this thing. Bitcoin doesn't care what you think and it doesn't need your permission. You either have the balls to build conviction in it or you don't. You built Barstool, you know this. There is no free lunch. Nobody gets paid to show up when things are easy. Life isn't charity. Participation trophies are worthless. Those that end up getting paid do so because they build something that was simply too hard for others.
Nobody has to convince you of anything. You have to convince you. If you believe in the government and their ability to not print away your purchasing power, sell us your bitcoins. If you don't and you think Bitcoin is an idea worth believing in, have some guts.
Your choice. Bitcoin has been and will continue to be successful either way. It's on a journey of its own and it will be there for you whenever you're ready.
Here’s how it should have gone if Dart were honest and real…
“Fellas, I introduced the President of The United States.. if any of you insecure bitches have a problem with it.. Fuck Off”
Here it is:
The DNC’s plan—to overthrow the United States government:
Top DNC officials—including former chair Donna Brazile and Pizzaman John Podesta—discussed how to overturn the U.S. government if Trump won. The exact phrase was: “Provoke a breakdown on January 6 to disrupt the proceedings and prevent the vote from going through.”
They even said: We already have the assets in place. We already have military assets going to the Penn Walkway entrance. We already have back channels with Nancy Pelosi and Mark Milley. So we can use this to take down the U.S. government.
@MikeBenzCyber “All of the major DNC apparatchiks, including Donna Brazile, the former head of the DNC, and John Podesta, Hillary Clinton’s campaign manager—who was later promoted to a $375 billion slush fund inside the Biden White House—planned a simulation about how to overturn the election results if Trump won, in, quote, ‘a clear Trump win.’
“As part of that plan, they planned to—I think the exact phrase was—‘provoke a breakdown on January 6 to disrupt the proceedings and prevent the vote from going through.’
“The addendum to that war-game exercise, called Will Trumpism Survive Trump Even if He Loses?, clearly laid out a necessity to create a predicate to go after Trump’s entire base—to, quote, ‘demobilize them, that they won’t automatically demobilize on their own.’ Some legal predicate was deemed necessary to target the entire base.”
In other words, they did just that—January 6 was orchestrated to disrupt the official proceedings in an effort to prevent the actual crimes of November 3, 2020, from being presented. How’s that for an overthrow?
They all realize KBJ’s completely incompetent. Even the liberals. The worst president in any of our lives, Joe Biden, also gave us the worst Supreme Court justice, KBJ, in any of our lives. Thanks, Joe.