⭐ Merited by JayJuanGee (1)
I believe not. Haha. WHEN Bitcoin surges to a seven digit valuation per coin, why would Chad Saylor, you, me, ANYONE would sell such a valuable and an in-demand asset? Selling it would be very laughable.
Why?
Because we can actually use it as collateral to BORROW against our Bitcoin. It will be the most valuable collateral asset since Gold and Real Estate.
Why?
Because we can actually use it as collateral to BORROW against our Bitcoin. It will be the most valuable collateral asset since Gold and Real Estate.
When it does that, MS will surely use your idea in their flow of action.
Because Bitcoin's next bear market low might be higher than MicroStrategy's average entry price, Chad Saylor can use that idea to borrow against their Bitcoin to buy MicroStrategy stock which Chad Saylor could also use as collateral to borrow against to buy more Bitcoin.
Chad Saylor's genius - The flywheel effect. Haha
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But lots of time is needed for that to happen, because regulations would need to be fully realized by that point, in my opinion. That's when the Bitcoin's potential would be brought onto display - and it would widely accepted in many spheres big institutions would never consider it today.
It probably will not be as long as we believe. Russia has started to use Bitcoin.
https://bitcointalk.org/index.php?topic=5523503.msg64887118#msg64887118