One of the coldest springs and heaviest snowfall winters we've had since moving to the farm 21 years ago. Grass is barely growing yet this year. It should be at least my knees and we normally cut hay the last week of May. Not this year. Are the poles shifting already?
Huangshan Mountain scenic area in Anhui province is shrouded in a mantle of white after a snowfall, on Monday. #Huangshan# Mountain is a #UNESCO# World Heritage Site, and one of China's major tourist destinations.
Beijing saw tourists flocking to #theForbiddenCity#, #theSummerPalace#, and other scenic spots on Friday as the city experienced another round of #snowfall#.
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The most fascinating thing about MSTR is that, like BTC, it systematically shorts fiat.
Is STRC a Ponzi? Absolutely, a snowball of debt where non-interest-bearing assets can never pay off interest-bearing notes.
Will a Ponzi scheme collapse? Of course, there's nothing new under the sun.
So, will MSTR collapse? Not necessarily.
MSTR just needs to ensure its Ponzi snowball rolls slower than fiat currency, or in other words, that everyone else is floundering, but MSTR's floundering is slightly less than fiat currency's, and that's enough.
In the long run, we're all dead.
Enjoy the Ponzi.
Rug the FIAT.