@ColeMacro@PunterJeff@G_Dinero@LynAldenContact as a holder of both products (SATA/STRC) used as one of my income buckets as I’m technically retired, but… a man’s gotta keep busy. The time spent yesterday with you and Matt answering our questions was invaluable. He helped explain how both products work, which to me, speaks to how Strive and Strategy’s products will change the game. Complimentary to each other, a Cruise ship vs speed boat, there is a time and place for both. Thank you!
Please all that listen to you and bought gold ATH are under water 20%, and falling, let's ask them how they feel. They couldn't sell their gold. BTC is very liquid, let's talk about that, when looking to get out of an asset. @G_Dinero@Investanswers@saylor@phongle
Crickets today from @CNBC on the collapse of $STRC, the selloff in $MSTR, its widening discount to NAV, and what that portends for future common stock or Bitcoin sales. CNBC provided Saylor with lots of airtime to scam their audience. The least they can do is report their losses.
On BTC @saylor@phongle@Investanswers@G_Dinero for me, it's like swimming, you're underwater cruising catching some momentum, and you come up for air, back down into the water. You rinse repeat until you reach the finish line. Currently, BTC has no finish line, it's just getting started, so how many times have we seen it come up for air, then back down? I see this happening with MSTR, STRC, ASST, SATA, IBIT and... any that's swimming. Just keep swimming.
To me, it's like swimming, you're underwater cruising catching some momentum, and you come up for air, back down into the water, rinse repeat until you reach the finish line. Currently, BTC has no finish line, it's just getting started, how many times have we seen it come up for air, then back down?
@phongle@scottmelker Another week of shareholder dilution
6 years of buying and still underwater
If you were a financial manager you’d have been fired 5 years ago
"Put up his personal BTC holdings as a guarantee" Interesting as he talks about burning this BTC, so he's not married to it, but he is all about MSTR being the ultimate. He's patient.
@cryptomanran Nice overview!
He can also sell covered call options on BTC,
get another $1B bond loan,
increase the STRC interest rate,
propose a vote to move STRC to daily dividends,
Put up his personal BTC holdings as a guarantee
Donate his own BTC to the business
Tons of options!
Our system is so rigged we can only elect unqualified politicians that never leave. The people in power today, have been there for decades and to blame Trump, the market, is sad. Look at all, as all are corrupt, but instead... Oh look nothing to see here folks, nothing to do with the political lifers like @SenMarkey@JohnEDeaton1@elonmusk@realDonaldTrump
Our system is rigged so that one man becomes a trillionaire while millions of Americans can't afford a trip to the doctor.
Wealth is funneled to the wealthy while everyone else is hanging on by their fingernails.
My wealth tax would level the playing field.
Let's get it done.
@SenWarren And you do, it's the current senate and congress that has overspent your budget. Printed money out of thin air long before Trump showed up... nothing to see here folks. Many of us know the truth.
Time... it's been time for decades @SenWarren and how about educate people on how the stock market can help them become wealthy like your members in congress. If common everyday people had invested in TSLA back in the day, instead of you saying it's about the billionaires, they would be wealthier as is his employees. Sad really, and I voted for you back in the day. You've changed!
Neither party celebrates the success of the other. It’s strictly about division and blame. The $39T debt was created by life long politicians. Focus on the real issue, yet we won’t, sad really.
Wall street folks are celebrating @elonmusk for creating 4,400 millionaires. Fine.
Did any of them celebrate @JoeBiden IRA, ARP, CHIPS for creating millions of good paying jobs?
Our barometer should be opportunity & stability for the majority, not simply wealth for the few.
What job has any politician created @BillAckman please keep it, you have a voice, and the @BernieSanders@SenWarren and others do nothing but suckle off the tax payers tata’s, there’s no milk left.
.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.
SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.
Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.
SpaceX will materially bring down the cost of compute, advancing AI and humanity.
Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.
The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.
Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.
Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.
Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.
Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.
We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.
It’s even a little more than that and I think this is where many people struggle. It’s informing the world that the system is broken. Most people can’t own their own short comings never mind societies. IMO. What is being exposed now is not just financial.
Normies be like:
“Idk man, $63,000 for a Bitcoin sounds risky…”
Then go finance a Kia Soul at 14% APR
While eating seed oil and cricket paste
In a house they don’t own
With money they don’t have
To impress people who think The Bachelor is real.
They’ll call Bitcoin a bubble
Then spend 40 years making minimum payments to a bank with marble floors.
Bitcoin isn’t risky, idiot.
Your ENTIRE LIFE is a leveraged buyout by people who hate you.
@martypartymusic@PeterSchiff@G_Dinero the BTC noise keeps him relevant. Otherwise... his time has come. Like gold. Still has some value, but it's not the future. IMO.
Peter used to tell us Bitcoin isnt real, then he evolved to Bitcoin is not as good as gold, now he has accepted and is at Saylor mogging.
Basically Peter Schiff validates Bitcoin, and has become its evangelist by deference.
I dont think he even realizes it, or he has been stacking this whole time.
@scottmelker I as well @scottmelker . Below par let's us DCA, set limits, and what most don't realize, that the increase in yield holds it to the current 11.5% dividend with a $100 par. So monthly income stays consistent which is good for retirees.
@AdamBLiv I will counter as a man who does use and why. Risky, yes, as with any similar instrument. It is part of my monthly income. I have 4 streams of consistent income, this is one of now, and my high risk, high reward and RoC. Saylor is very transparent, savvy and I watch as monthly income holds “steady” as yield adjusts to maintain.
I’m waiting for Saylor’s next buy and if it’s soon, and at volume, this may relax many. I don’t see mNAV going beyond 1.5 again, but like you, I hold some similar assets.
One day, you too will want money being thrown over the wall into your account, and if you can hold onto your principal, keep premium assets for store. That goes against many of the plans people live off of… today.
So let’s see where it goes.
Sometimes someone has to wade into the water to see if there’s some sharks closer than we know, or it’s safe, come in the waters fine. Add: BlackRock just bought back some BTC…
I own zero STRC. I have never owned any STRC. I prefer Bitcoin.
I have made posts about how economically stupid it is to buy STRC and use the dividends to buy Bitcoin. I still hold this opinion.
STRC is not a replacement for Bitcoin. STRC is riskier than self-custodied Bitcoin. You are accepting counterparty risk by owning STRC.
But if we somehow do not orange-pill the 640 million retirees in this world by next week, I would rather have them take their capital and buy STRC so it ultimately flows to Bitcoin.
They get an 11.5% yield in exchange for capital that goes to Bitcoin.
I would rather have them do this to A) have a better life with more income and B) stop funding the government deep-state pedophiles while getting paid one-third the amount.
I do not believe STRC is competing with capital that would otherwise be sitting on a Ledger wallet.
STRC is not my ideal. Bitcoin is my ideal.
But STRC can improve the quality of people’s lives on a relative basis, and I prefer that over the alternative if a guy who cannot properly use a McDonald’s self-order kiosk is not mentally equipped to self-custody his wealth in an asset that routinely drops 50%.
We need to be pragmatic.
The Bitcoin network is a little over $1 trillion.
The debt market is 300x that.
Some of that capital going to Bitcoin is a great incremental win for the network, and some lives can be improved instead of the alternative: living off 4% T-bills.
Hypothetically speaking, if the bond market were Trojan-horsed with STRC and it drove Bitcoin to $1 million, I think the positive network effects for Bitcoin would be staggering.
Stories matter. Narrative matters. Bitcoin at $1,000,000 draws a lot of eyeballs to the network.
We cannot let perfect continue to be the enemy of good.
If you are allergic to this level of nuance, please do some inner reflection.
Yup. He did what he said he would. Sell some BTC, rotate, buy more. STRC at $95, MSTR $130 and BTC $61k. He’s right about AI, it’s musical money chairs right now, patience will be rewarded.
Yep, even influencers who have talked a huge $BTC & $MSTR game in the past are today talking about how it's dead and @saylor isn't respected.... let's see how this ages over the next 3-5 years 😉. My guess... the bears lose & us bulls win!