Basically it is a product that is going to pay dividends on a monthly basis, so I am sure it will slowly eat into the market for REITs, savings accounts and other products that usually pay crap interest compared to the 10% per annum it is going to pay initially<snip>
Serious question here: REITs have some of the highest dividend yields out there, compared to the average non-real estate corporations that are publicly traded. Are we thinking about different things here or what?
And wow, I'm amazed that so many companies are adopting the crypto-treasury model, whether it be bitcoin or litecoin or whatever. When I look at
KindlyMD or
Semler Scientific, I'm left scratching my head wondering what their real motivations are behind getting into bitcoin. My first thought is that they've seen the success MSTR has had and are attempting to replicate it--and I think that's the most likely scenario; my second thought is that they mean what they say on their websites...but I have a hard time believing that.
I'm still sitting on the sidelines watching all of this, waiting to see how it plays out in a year, five years (if this mania lasts that long).I don't know why you are sitting on the sidelines.
Surely there is no need to buy MSTR or the various MSTR related financial products.
But, buying bitcoin itself seems a good idea based on how many retards are giving money to MSTR and to various copycat companies so that Saylor et al can buy bitcoin.
By the way, the same principle does not apply to buying varoius shitcoins like Ethereum or Litecoin or various other shitcoins in whose namesake some of the various shitcoin related financial products might be built.
Serious question here: REITs have some of the highest dividend yields out there, compared to the average non-real estate corporations that are publicly traded. Are we thinking about different things here or what?
I believe you are both saying same thing.
The crap interest he's speaking a about is savings and non Real Estates corporations.
STRC 9% is better than most well except mREITs like Corp
AGNC InvestmentHow could they be saying the same thing when Free Market Capitalist seems to be saying that Saylor/MSTR is trying to provide some kind of a competitive product to REITs, and The Sceptical Chymist seems to be suggesting that REITs are the best thing since sliced bread, so how could MSTR provide any kind of a product that is even close to competing with REITs...
My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right," even though most of the time, he seems to be failing/refusing to be seeing how various aspects of the traditional debt market is being played by Saylor/MSTR in quite interesting, creative and even within the bounds of the various rules and restraints of such traditional debt based systems.
I'm amazed that so many companies are adopting the crypto-treasury model, whether it be bitcoin or litecoin or whatever.
They are trying to survive and turn their story around.
I believe many are riding the wave and want to gain as much for it
We can only know who truly pushes what they say after a winter period.
KindlyMD performance for example last year experienced a decrease and even earlier this year
http://investors.kindlymd.com/Many have similar situations. With financial performance lagging.
Many companies don't have as good of a profile as MSTR in 2020, which it seems to be important to have cashflow to cover any debt that might be incurred in their offering of such treasury products. Of course, there can be value that comes from their stock pumping on the news some of them might be able to extract value in that without screwing it up. Perhaps? perhaps? Going to find out in the coming year or so.. and maybe it won't take so long before we might find some "mistakes being made," in variations of the imperfect copy cat MSTR wannabes.