Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Shower thought.
- Strategy keeps selling more stakes of the company to buy Bitcoin, then grows its Bitcoin treasury to be so large it becomes "too big to fail", BUT it will fail, and the United States Government bails them out, absorbing Strategy's very large Bitcoin treasury in the Strategic Bitcoin Reserve.
Visit this post in five years.
- Strategy keeps selling more stakes of the company to buy Bitcoin, then grows its Bitcoin treasury to be so large it becomes "too big to fail", BUT it will fail, and the United States Government bails them out, absorbing Strategy's very large Bitcoin treasury in the Strategic Bitcoin Reserve.
Visit this post in five years.
Next time you're taking a shower, think about how it might fail. StrategyBTC can fail just like bitcoin can fail. And one is intrinsically linked to the other. If you think bitcoin can fail I don't know what you are doing on this forum then.
The Strategy is based on the fact that bitcoin as a scarce asset and as the best digital capital in the world is going to be increasingly valuable, with ups and downs of course. At the moment it is the most profitable company in the whole world.
Here my prediction without shower: in those same 5 years Strategy is going to be the number 1 company in the world (if it is not beaten by XXI capital or a similar one using the same strategy).
You're right, but it's a mere "Shower Thought" from a pleb, ME, and a stupid one at that.
Although, Black Swans do have some propensity to happen, and during these sorts of Crises, the asset managers/investors who were over-leveraged tended to have the largest issues with the borrowees.
Plus there's no need to get mad, I have already made my point about MSTR's path, and they were very positive. But there's a feeling inside of me that if Michael Saylor continues to sell more stakes of his company to buy Bitcoin, then he's probably building the road from success to failure?