Zachary D. Forcier

American, Vermonter, Bitcoin enthusiast.

Casual shitposter.

[Zachary D. Forcier @zdforcier]

In a way this would be poetic. I’ve seen enough to not believe it.

[𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 @el_crypto_prof]

#Bitcoin

I can hardly wait for everyone to post this comparison between gold and $BTC.

Higher.

[Zachary D. Forcier @zdforcier]

@saylor could fix all his problems if he withdrew his coins from Coinbase and held them internally at @Strategy

@ODELLXYZ you know why this would work?

[Zachary D. Forcier @zdforcier]

@Architect9000 Almost agreed with you until you mentioned ETH 🤣

[Zachary D. Forcier @zdforcier]

Years to come?

[K A L E O @CryptoKaleo]

@stablekwon I absolutely love LUNA. Easily have been one of the most vocal advocates of it since the day I came across it late Spring. I’ll be an advocate of it for years to come. Doesn’t mean it isn’t susceptible to extreme volatility in a down market. Respect you hopping on here though tbh

[Wazz @WazzCrypto]

There are people on this app who saw this video and thought: "This seems like a trustworthy financial product and not shady at all."

Literally falling for some of the most abject boomer slop ever created.

[Zachary D. Forcier @zdforcier]

I know a guy who was/is all in STRC as a retirement income fund. Saw him three weeks ago. Told him that this was much riskier than advertised.

Feels bad tbh. Saylor should be ashamed of these products and especially how they were marketed, and @saifedean was right about yield.

[Rex @R89Capital]

Luna 2.0

[Zachary D. Forcier @zdforcier]

Currently trying to save the market. Not optimistic about the next 6 months. Would love to be wrong!

[Zachary D. Forcier @zdforcier]

STRC might not function the same as LUNA but Do Kwon didn’t have 840,000 Bitcoin.

[Zachary D. Forcier @zdforcier]

Why did he have to do this ☠️

[Michael Saylor @saylor]

₿uild them a product they’re allowed to buy.

Bitcoin Capitalism — in 2 minutes.

[Zachary D. Forcier @zdforcier]

Trust Saylor, don’t verify.

Saylor is on the chopping block. Gonna be a big one.

[Giovanni Incasa @GiovanniIncasa]

@matt_bombard Sure Matt, we're so early. Only time will tell but I have trust in Saylor 🫡

[Zachary D. Forcier @zdforcier]

I’m starting to see where we all went wrong.

[Señor 11s @Sr_11ss]

@GiovanniIncasa You get no credit for the bitcoin. Assuming that you have a comfortable amount of self custody bitcoin, you can get about the same bitcoin price exposure with 34% MSTR, 33% STRD, 33% SATA, and an additional 33% in STRC on margin. Reinvest dividends into that split to compound

[Zachary D. Forcier @zdforcier]

My bot (https://t.co/lEzLvKjSXF) has got the answers dialed in.

[Zachary D. Forcier @zdforcier]

Bingo!

Get rid of unreasonable expectations. You cannot buy Bitcoin forever without producing something.

[BTC Optioneer @BTCoptioneer]

@zdforcier They don't need to keep buying Bitcoin forever, but if don't then shareholders will lose interest.

[Zachary D. Forcier @zdforcier]

@BTCoptioneer Now you’re getting it.

[Zachary D. Forcier @zdforcier]

Here’s my question - what’s the problem (for MSTR) if STRC trades at $1?

They can’t issue new shares either way, is there a structural reason why this would be a problem for them other than bag-holders would be angry?

Genuinely asking, answers appreciated.

[BTC Optioneer @BTCoptioneer]

$MSTR mistakes:
- Draining the cash reserves meant for dividend payments.
- Advertising $STRC as a money market fund alternative.
- Twice monthly dividends instead of weekly or daily.

All fixable but they need to hurry up before $STRC dips into the $80s.

[Zachary D. Forcier @zdforcier]

@BTCoptioneer Why do they need to keep buying Bitcoin? Who actually thought they could buy Bitcoin forever?

[Zachary D. Forcier @zdforcier]

Unfortunately true. If you’re into Bitcoin just buy Bitcoin. If Bitcoin fails your STRC is going to be trash anyway.

Only an idiot hedges themselves out of the upside while taking all the downside.

[Wazz @WazzCrypto]

$STRC is the ultimate midwit trap

Limited upside and 100% downside potential.

[Zachary D. Forcier @zdforcier]

@BTCoptioneer Explain how

[Zachary D. Forcier @zdforcier]

Stand for nothing, fall for everything!

[Zachary D. Forcier @zdforcier]

What if we propagandize people but we make them believe in really cool, uplifting ideas which encourage them to live better lives and promote a positive vision for their future