BankSith
· 5d
GN #nostr. 💫
Oh btw..
Saylor's definitely a great salesman—got me with those storytelling chops back in the day. But honestly, I can't stand what his company's doing anymore. I spent some tim...
I haven't followed Michael Saylor closely for a long time. While many people follow the news about Bitcoin’s price closely, I’m far less interested in it. I already understand the core reasons why Bitcoin goes up in value and have seen the cycle repeat enough times and that it has dips here and there on the way. So the talk about it does not interest me that much.
That said, credit where it’s due: when I first discovered him through Robert Breedlove’s interview series, he genuinely opened my eyes to several important concepts that still shape my thinking today. However, constantly listening to someone whose commentary revolves almost entirely around price? No thanks.
I started pulling away when he made a big deal about not donating to Bitcoin developers and pushed hard for ossification (even though I actually see ossification as a likely prediction - but far in the future). The final straw was when he bragged about paying for the pizza on the pizza day with fiat instead of Bitcoin. The logic baffled me: by spending fiat, you’re still spending the money you could have used to buy more Bitcoin. So there's not a huge difference really.
As for$MSTR, I wish him well, but I believe he’s playing with fire. It's not gonna hurt us though. Even if the company were to go bankrupt, I think the impact on Bitcoin’s price would be temporary at most. Anyone who doesn’t own MSTR shares and simply holds their Bitcoin in self-custody will be just fine.
I only caught wind of his recent MSTR hype over the past years because Sina was covering it at the time and I was helping him with editing the videos. And about STRC, I literally know nothing.
Overall, while I’ve learned a lot from Saylor, he has largely lost relevance for me in the Bitcoin space.