#coldcard If BTC holders contributed a tiny percentage of their BTC holdings to a 'self-insuring' restitution fund, this could help provide a significant amount of compensation to victims of hacks, such as the victims of the recent Cold Card hack. Thoughts?
@stepheaw@AdamBLiv Yeah, this happens far too often unfortunately. Bored retirees trying to be clever with high risk leveraged derivatives products is a recipe for generational wealth destruction.
@bryan_johnson Devoting ones life to obsessively doing everything one can, applying every restriction, taking every precaution to try and avoid death, sounds like a very protracted "living death".
This is ultimately what the Strategy "death spiral" garbage boils down to.
One side has a 12th-grade understanding of corporate finance.
And the other side uses jargon to sound intelligent despite not fitting the situation whatsoever.
Strategy is fine. Bitcoin is fine.
The delusion around $MSTR is staggering.
A stock that has returned 566% in almost 6 years has somehow become the most hated.
The numbers are almost comical.
Since Strategy put Bitcoin on the balance sheet in August 2020, the stock has delivered a CAGR of 38%.
CAGR of assets for context:
NVDA = 62%
MSTR = 38%
BTC = 32%
GOOG = 29%
TSLA = 27%
QQQ = 18%
AAPL = 17%
SPY = 15%
GLD = 12%
So despite being near the bottom of a Bitcoin bear market, Saylor is smoking all of the Mag 7 bar Nvidia.
More importantly, it's outperforming Bitcoin.
All the whining and shit talking is genuinely embarrassing.
Saylor derangement syndrome in full effect.
There are too many people living on tenterhooks about the state of the market, especially when it might "bottom".
Hoping, wishing or fretting about it will make no difference to how the bear-market will play out.
So relax and occupy yourself with other important things in life!
There are too many people living on tenterhooks about the state of the market, especially when it might "bottom".
Hoping, wishing or fretting about it will make no difference to how the bear-market will play out.
So relax and occupy yourself with other important things in life!