1% of people understand bitcoin 1% of the 1% understands $mstr $mtplf I’ll try to “normie-lize” WHY. Debt is NON RECOURSE / NOT SECURED = No liquidation Oh BUT BUT BUT Shud up boomer Strategy survived the biggest liquidation event of 2022. Equivalent of 08-09. He grew his company 100X in cap. He is richer than you. But you, with your $100 wants to critique him. Shud up mfer. Saylor is printing shares to buy the hardest monetary asset ever created. Like the government printing fiat dollars. He print shares. Shares are meaningless. It’s created out of thin air. How does he pay his debt? Print more shares mfer. He will NEVER sell bitcoin. Even if mnav drops below 1.
While this article below goes viral, because the normie mind can’t process big brain. Have fun staying poor.
Bitcoin treasury companies are all the rage this week. MSTR, Metaplanet, Twenty One, Nakamoto. I think they're toxic leverage and the worst thing which has ever happened to bitcoin & what bitcoin stands for. In the right conditions, here's the mechanism of how this blows up 1/n
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