Damus
nostrich profile picture
nostrich
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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dave · 64w
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 ...