I really start to think that Saylor reads the WO...
[...]
Saylor is just trying to catch up with us, we are only 30844 pages ahead of him.
I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador, one very thing I have known about Billionaires is that they will only tell you half the truth.
In several interviews Saylor explained very precisely why and how he changed his view on
BTC.
Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.
Saylor is no ambassador. But he puts his money where his mouth is and sacrifices a lot of his time educating other people about
BTC.
He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.
Saylor acts on conviction, because he gets how important BTC is for the world. And that's what many Bitcoiners value.
Saylor got in very late, the Bitcoin party started long ago while he was busy playing the public critics role against Bitcoin most other figures in the Bitcoin community were busy accumulating more, now the music has changed and Saylor wants to join the party by all means. Anyways he is welcome on the list he can still fill some bags just left over anyway. The best pizza was served long ago.
This is a strange thing to say, I think.
Super bizarre even.
Yes. If what you are comparing is the ability to have realized gains from under 1 cent to 30kUSD to the ability to go from 30k to 3 million. Then, Yes. He missed the best time to invest. But it was also the riskiest time. It is easier for big money folks to invest here than just about anywhere south of here...
As an individual he might of missed the best time to invest, but as company, it was probably the earliest possible. MSTR (as well as other companies) invested in Bitcoin as a reserve asset prior to it being worth $1 trillion. For a company, this is still very risky. I'm not surprised there aren't many other companies yet invested. It'll need to get back above $1T to be taken seriously for investment as a reserve asset, probably nearer $2-3T. The rest will have to wait to reduce risk.
If you think companies can just throw their balance sheet at "ideas" when they are worth a few million, or a few billion, then obviously you (@Piesel) don't understand reserve risk.