Bitcoin is extreme value realtive to the power law. As cheap (or even marginally cheaper) than Nov 2022.
Statistically, this is the moment to buy, not wait for it to go lower. But easier said than done. When it is on deep sale, people question whether the asset will even survive, whether it was all an illusion. They get frozen. They can't buy, and fail to buy at any price.
To be honest, I don't get all of the hate that Michael Saylor gets
He's running the biggest speculative attack on fiat that the world has ever seen
Bitcoin haters think he's scamming his investors because they don't understand his thesis (why do they even care about what I do with my money?)
Bitcoiners think he's getting too much of the supply, and I don't understand this...
Why wouldn't you be happy for someone who created a product to directly compete with legacy financial institutions?
I personally LIKE that he's buying as much Bitcoin as he can
He's letting OG Bitcoiners sell so they can enjoy their lives
He's giving fiat lovers exactly what they want (high returns, low risk, minimal volatility)
The greatest thing about Bitcoin is that everyone has a choice of whether they accumulate or not
He chose to accumulate as much as possible by creating the best financial product to ever exist in the history of the world and backed it with Bitcoin
The financial institutions that are his direct competition haven't figured this out, and they aren't accumulating yet
Michael will be known for the rest of human history as the person who forced banks to change the way they did things
The banks that don't figure it out will probably go bankrupt because of capital flight, and the ones that do will be forced to offer higher yields to their clients
And there are Bitcoiners who think he's doing something wrong?
You won’t regret watching this clip
I first listened to this truly prophetic speech decades ago, but I’ve thought about it countless times since then
Neal A. Maxwell masterfully diagnosed the problems with our increasingly godless society
I have my emergency savings in STRC. Could it drop, sure. In the past it had rebounded very quickly and I believe going forward it would rebound quickly again.
For something like a car repair or fridge replacement, etc. I would use a credit card. This gives another 30 days or so for STRC to rebound in the drop.
No financial advice, but that’s where my emergency funds are.
Bessent just showed the world USD Stablecoins are now Treasury extensions with smart-contract APIs.
Irans $7B+ crypto war chest just had almost $400m frozen and the rest of the world was put on notice, there is no alternative to Bitcoin.
Iran’s Economy is collapsing. Their GDP is down 40%, they won’t be able to store their oil soon, and it looks like this was all part of Trump’s plan. Instead of boots on the ground, he’s choking off Iran’s ability to harvest and produce its oil. Reports predict that they may be days away from capping out their reserves. This would leave them with two options: burn the crude, which would be terrible optics at home, or try to get a ship through our blockade. But that would only buy them days at most. Both outcomes do not put Iran in any sort of winning position. And Trump did this WITHOUT boots on the ground.
JUST IN: Insider from one of the largest $STRC holder says the Strategy could have 2x’d the amount of capital it raised with $STRC last week but chose not to do it.
He says $STRC had enough demand to raise $4 billion in a single week 👀🔥
READ MORE: https://t.co/2EtvEKajhJ
@Jethroe111 What a sale that was!
I gobbled up as much BTC as I could back then.
$60K feels eerily similar. I don’t think cheap bitcoin will be around much longer. 😞