What’s really weird to me about the $MSTR blow up FUD is that it’s as transparently and verifiably false as any of the other FUD that gets amplified at $BTC bear market bottoms - energy use, transaction throughput, quantum risk - but many of the same people that would call these out as obvious attempts to shake out weak hands at the bottom are going full tilt on $MSTR FUD. MSTR is designed to amplify Bitcoin volatility. To the upside and the downside. You either believe in it or you don’t. And if you don’t nobody is making you invest in the stock or its prefs. If you do you are opting into a roller coaster and you better position size, try to buy as low as you can, and be ready to ride it both ways. But it’s not at any imminent risk of insolvency, and if BTC went low enough for that to happen, BTC has kind of already failed as an investable asset. You’re talking 20,000s or lower on a sustained basis before there’s any real insolvency issues. I’m sorry to say, but if we retrace to 2017-levels - post LUNA/3AC blow-up levels - and THEN MSTR blows up and dumps 850,000 BTC nobody is touching this asset for a decade. You can say goodbye to any serious Wall Street exposure. People will forever see it as too toxic to build anything on and the monetization phase is done. Narrative fully cooked. There are people who are relentless bitcoin cheerleaders who seem to want Saylor to fail like he’s some kind of anti Bitcoin force that needs to be disposed of, despite the fact that he’s been the most relentless, vocal, and transparent Bitcoin advocate for 6 years, and has done more for wall st and corporate adoption that anyone else by a wide margin. He’s the one who actually tried to build something on Bitcoin and integrate it into global finance - something more than just talking about how great it is on a podcast. $MSTR is constructed in such a way that in order for him to fail, it would require so much capital destruction that everything you want Bitcoin to be will be dead for a decade - if not forever. Forget about everything else in crypto, which would be beyond cooked. Like oh great, enjoy your unstoppable freedom money that lost 90% of its value. What the fuck are you going to buy with it? If you’re amplifying FUD and cheerleading for Saylor to fail, you’re cheerleading for Bitcoin to fail, and I don’t consider you an ally.