Damus
HoloKat profile picture
HoloKat
@Bob
Buying MSTR is no different from buying a shitcoin. You’re hoping other people fomo in because old money sees it as a safe bet, and they you can grow fiat and exit out in time to buy more bitcoin. This is exactly how the shitcoiners think. Of course, some never hope to get more bitcoin but many do.

Do as you please but don’t kid yourself reasoning away.
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First Man Photography · 70w
Agree. However in the UK there’s no access to spot bitcoin for your pension pot. Most pensions here are also locked, so it’s basically not your money, and we just hope we might get to some of it at an arbitrary retirement age. With a SIPP pension though you can make your own investments so MSTR...
sauna · 70w
I plan to hold it for the long-term. At least 10 years, until I need money for retirement. I don’t see that as shitcoinery. Nothing wrong with NGU, we all want gains, let’s be honest about that too.
ARVIN · 70w
IMO MSTR is like a Bitcoin index that is also a high beta stock to BTC price moves. Before the FTX fiasco, Silvergate Bank was another Bitcoin beta play.
Bitcoin Mike · 70w
Respect your opinion but totally disagree. We're here to learn and debate in free speech so here goes. MSTR is tapping into money that can't buy Bitcoin and destroying the legacy finance system from the inside unseen. Millions of people and companies around the world need safety he can provide a met...
Judge Hardcase · 70w
BTC itself is mostly a speculative gamble. Though, I believe there is an adoption 'floor' that, given enough time, will eventually catch up and bail out any mistimed speculation (at least, for the foreseeable future) - which supports the strategy to ignore speculation and just stack sats regardless...
not pascal · 70w
what's happening with MSTR when Saylor dies?
dave · 70w
Risk of MSTR, IBIT, GBTC managers being foolish or compromised is a huge red flag, compared to owning BTC directly. But don't discount the value of having an on-ramp for the vast majority of the savings of the average person -- locked into a closed-loop retirement system. I see a bigger potential ...
Matt 🛸 · 70w
I'm not up to speed on all the financial jargon, but the whole MSTR thing seems more like a hedge fund to me than a company offering stocks. Maybe he's creating a mix of things that will work out well. Time will tell.