Ok, let me clarify the premise.
As I said on the show, I’ve never been against owning equity. I’m the largest holder of Strike and one of the largest holders of XXI. I own a ton of equity.
My criticism has never been “equity is bad”. My criticism is using equity as money.
Equity is an investment. It carries counterparty risk, execution risk, and time risk. If you’ve already created value and are trying to save it, you shouldn’t be forced to take risks just to save.
That’s why Bitcoin is different. Bitcoin is money. Equity is a claim on future execution of said business.
When equities simply track debasement, or underperform hard money, I find them pointless and greatly misleading. The US stock market is now this (S&P 500 for example). A ponzi-retirement account for the US that gets bailed out at every dip. Strike is not that. XXI is not that.
As for the “tough guy” moment, these shows are unscripted and raw. They’re different. I do them for fun. For personal enjoyment and real connection with likeminded people. I also do them in part to remind everyone the human element behind everything we experience. The things you see around you everyday are made by people no greater than you. We are all just people, capable of hopping on a stream and shooting the shit, trying to find our way.
I don’t do the show for money, ads, or optics. I’m not trying to be polished TV. If that ever becomes the requirement, I’ll just stop doing the show. If Im not having fun with it, I’ll be done with it.
There are guys that come at my family and my livelihood all day everyday. A little banter is fun! Cmon, this is Bitcoin.
Anyways, I’m always happy to engage honestly with questions, especially when they’re asked in good faith. I will reference this exchange on the next episode. If you have follow
up questions, please don’t hesitate
As I said on the show, I’ve never been against owning equity. I’m the largest holder of Strike and one of the largest holders of XXI. I own a ton of equity.
My criticism has never been “equity is bad”. My criticism is using equity as money.
Equity is an investment. It carries counterparty risk, execution risk, and time risk. If you’ve already created value and are trying to save it, you shouldn’t be forced to take risks just to save.
That’s why Bitcoin is different. Bitcoin is money. Equity is a claim on future execution of said business.
When equities simply track debasement, or underperform hard money, I find them pointless and greatly misleading. The US stock market is now this (S&P 500 for example). A ponzi-retirement account for the US that gets bailed out at every dip. Strike is not that. XXI is not that.
As for the “tough guy” moment, these shows are unscripted and raw. They’re different. I do them for fun. For personal enjoyment and real connection with likeminded people. I also do them in part to remind everyone the human element behind everything we experience. The things you see around you everyday are made by people no greater than you. We are all just people, capable of hopping on a stream and shooting the shit, trying to find our way.
I don’t do the show for money, ads, or optics. I’m not trying to be polished TV. If that ever becomes the requirement, I’ll just stop doing the show. If Im not having fun with it, I’ll be done with it.
There are guys that come at my family and my livelihood all day everyday. A little banter is fun! Cmon, this is Bitcoin.
Anyways, I’m always happy to engage honestly with questions, especially when they’re asked in good faith. I will reference this exchange on the next episode. If you have follow
up questions, please don’t hesitate