Play stupid games, win stupid prizes.

It’s give me 1 BTC I’ll give 2 back but with suits

As much as I like Alex and the River service, they require us to play stupid get-along-to-go-along games with KYC requirements and IRS reporting. While I think he's point is true, I think he needs to be careful with his criticism since his business reinforces the system rules.

🔴 Christians and Muslims both believe in Jesus, love him, and honor him. 🔵 They are, however, divided over the question of his divinity. 🔴 Fortunately, this difference can be resolved if we refer the question to both the Bible and the Quran, because, both the Bible and the Quran teach th...

Damn maxis were right again--this is all their fault!

You're being too simplistic Shitting on those kinds of companies sounds similar to the way no-coiners shit on Bitcoin Saylor can borrow money on much better terms than most people can, so it makes sense for people to invest in MSTR

This is a bad take. Completely ignores the opportunity these companies unlock having access to public markets. I am willing to to bet most of these companies own more BTC than River

All true. Thouh, to be fair (or at least more complete), raising capital at 10% ineterest via issuing preferred stock and using that capital to buy bitcoin is a solid plan. Nobody would be complaining about the marginal business expenses of managing this wrapped btc if bitcoin had been appreciatin...

💯

That makes a lot of sense when you put it that way. That's the cost of outsourcing your self custody.

Mstr will go to 0 too.

Real bitcoin is also worth more more because bitcoin is permisisonless but what these organizations hold is permissioned. By registering with the state and becoming governed by monetary regulation they have negated Bitcoin's entire value proposition. This is why I have always said that microstra...

Not a whole lot of overhead with raw dog sats