Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
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?
Yeah but that's a feeling with no rational backing. That's what I was trying to show. There are possible scenarios where MSTR fails but not that one according to my analysis.
I didn't say that I was/will be absolutely right. But Chad Saylor's execution is not actually the best, and the Hubris is showing through that execution.
He may not be liquidated the same way as plebs like us, but if Bitcoin crashes because of a Black Swan event, and the borrowees need to get paid, then who would want to bail Strategy out?
The actual point of my post is about the U.S. Government, and how they'll TRULY WANT to bail Strategy out to get all the Bitcoin at a discount.
