JUST IN: Coffeezilla publishes video taking on Bitcoin believer Michael Saylor & Strategy's $STRC.
Coffee says Saylor's STRC preferred-stock pitch is too simple & the risks are not properly explained.
"It's been compared to the iPhone. It's been compared to a Ponzi scheme."
"You put in your money. They say they're going to yield about 11.5% per year. That's basically double digit returns which is just mind-blowing"
"What is the problem with that? Well ultimately... the company has no obligation to pay you back. Why haven't people realized this?"
"My entire problem is that they're leading people like a pied piper with this kind of ludicrous idea. Their pitch is of a money market and a bank - When that's just not what this is. This is a snowball of yield."
Sat down with @coffeebreak_YT today on Bitcoin and Digital Credit.
His edit will drop soon. Posting the full raw hour for anyone who wants the unfiltered version.
Enjoy
just for transperancy... I am not on socials medias so much anymore. holding mostly $PYPL $PEP $UBER $UPS $GOOGL $CROCS $BABA $ATAI $OXY
Will probably not post too often. Too busy away from S&M (Social Media π€ͺ)
Hope you all are well
@DividendDude_X If you think you may do it you are probably not ready
If you are real you need the pipeline ready with buy orders
Bitcoin can crash hard but if when it crashes you will only start to try and buy it you might be too slow
Unless you are talking about ETF