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Spike, the Vietnamese black-breasted leaf turtle (Geoemyda spengleri), is enjoying a peaceful and tranquil afternoon.
[📹 Dayyan Saylany / reptiliatus]
saylor really spent 6 years borrowing money to spend 64 billion dollars buying the top on bitcoin and now sells the bottom every week to shore up cash to pay it back
Salad and Go files for bankruptcy and closes all locations permanently
Saylor sold
ColdCard sucks
Lightning network isn't popular
Ethereum & crypto is getting adopted
Was there anything that Bitcoin maxis were right about?
Saylor has done more for bitcoin:native education than anyone.
You can disagree with the strategy. $MSTR
You can't argue with the education.
@TheOtherParker_ @IIICapital
Saylor could've been the countercyclical force for BTC:
sell some into pumps, buy back the dips.
Sure, bull runs might end lower but bottoms also shallower.
Instead his structure amplifies volatility both ways.
The NAV premium only lets him buy when BTC pumps, and fixed dividends force him to sell the lows.
Volatility is great for SOME traders.
But BTC's pitch to institutions is that it calms down as it matures.
The biggest holder is making it worse.
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Saylor haters spent the weekend writing 47-thread autopsies for a company whose core asset was busy ripping their faces off in real time.
Saylor's plan to save MSTR, OUSD threat to Tether and Circle
Saylor Raises $1.2B in Cash, ANSEM Token Hits $120M High, & World Cup Knockout Predictions
Saylor haters be like:
“What if Bitcoin crashes?”
My brother in Christ, what if the money you are measuring it in is the crash?