... gotta put your green glasses on kid.
as saylor himself explained, bitcoin is the risk-free rate. the bitcoin maxi delusion or epiphany is this.
meanwhile if the enlighted/deluded bitcoiner wants to "invest" beyond the risk-free rate, MSTR is a play on the mispricing of risk within the entire investable world.
the S&P500 has gone up consistently over the past 3 years... money just shoved in there from passive indexing.
what if we said, there's no such thing as "it just goes up". there must be a risk somewhere.
does the world even look the same as it did 3 years ago? do you remember when you had to google things and put things in spreadsheets and calculate stuff? "plug-n-chug"
i think the "wiley coyote" moment is here, and it's in a passive quarter by quarter investment world that's being disrupted by a weekly AI release cycle. the underperformance of the index will prob be better than debasement, but only bitcoin shows a minute to minute repricing of the world.
so my point was... the collection of bitcoin by this company that is currently viewed as "risky" is actually the rest of the market sawing a limb out from under them.
they are standing on the limbs of a tree of (60/40), passive indexing, in an age of AI, watching limbs be sawed out from under them (in the rear view mirror of quarterly statements).
the MSTR investor thinks they are standing on the side of the limb attached to the tree (bitcoin, scarcity, etc).
the bitcoiner is hugging the tree, not standing on any limbs.
build yourself a tree house, kidwarp
as saylor himself explained, bitcoin is the risk-free rate. the bitcoin maxi delusion or epiphany is this.
meanwhile if the enlighted/deluded bitcoiner wants to "invest" beyond the risk-free rate, MSTR is a play on the mispricing of risk within the entire investable world.
the S&P500 has gone up consistently over the past 3 years... money just shoved in there from passive indexing.
what if we said, there's no such thing as "it just goes up". there must be a risk somewhere.
does the world even look the same as it did 3 years ago? do you remember when you had to google things and put things in spreadsheets and calculate stuff? "plug-n-chug"
i think the "wiley coyote" moment is here, and it's in a passive quarter by quarter investment world that's being disrupted by a weekly AI release cycle. the underperformance of the index will prob be better than debasement, but only bitcoin shows a minute to minute repricing of the world.
so my point was... the collection of bitcoin by this company that is currently viewed as "risky" is actually the rest of the market sawing a limb out from under them.
they are standing on the limbs of a tree of (60/40), passive indexing, in an age of AI, watching limbs be sawed out from under them (in the rear view mirror of quarterly statements).
the MSTR investor thinks they are standing on the side of the limb attached to the tree (bitcoin, scarcity, etc).
the bitcoiner is hugging the tree, not standing on any limbs.
build yourself a tree house, kidwarp
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