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nat brunell · 19w
Michael Saylor believes Bitcoin can 500x. The more interesting question is how. At BTC Prague, we discuss whether Bitcoin’s path forward is driven primarily by adoption and savings, or by capital ...
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I think the issue with his framing is he compares STRC to a bank account or money market account, which have little risk and are stable and you pull from freely as short term holdings. Then he says from the business side that there is no risk because strategy never has to pay back the STRC. How can it be a bank account on one side but the other side isn’t obligated to pay it back?
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