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@ODELL 1776212947

i think strc probably pumps the fuck out of the coin but has more risk than people admit, especially long term, and hopefully it does not blow up in all our faces

seems like a lot of things could go wrong if a bunch of degen products are built on top of a high dividend paying stock that is funded by selling a different stock that is itself a leveraged bet on bitcoin, but maybe thats a stretch

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Toby McMann · 25w

I think the key feature to the preferred instrument is the interest rate can adjust. If Bitcoin's price tanks, the effective collateral sitting behind the preferred also tanks, but the interest obligations can also tank. At the end of the day, if Bitcoin tanks, preferred investors get screwed, i...

Little Johnny · 25w

Sats must flow.

Ghost Mode · 25w

Clever engineering. But at the end of the day it means trusting a CEO, a board, and a legal structure to hold your Bitcoin. I'd rather hold the keys myself.

Energy Producer · 25w

What’s long term risk?

Deleted Account · 25w

that’s a stretch

Much more reasonable take instead of putting it in the same bucket at Iuna and blockfi

TeslaLiberty · 25w

It can never blow up because it's not debt, it's preferred stock. Worst comes to worse, the dividend is paused l, strc goes down temporarily. But we are raking bitcoin at 20k in 2035. STRC is THE BIGGEST THING IN FINANCE AND BITCOIN

BangBitcoin2 · 25w

Clark Moody · 25w

Seed Phrase Companion (SPC) · 25w

High yield usually means hidden risk. Market pays you for what you’re not seeing

STRC might pump, sure… but that’s just more proof the market still chases yield over sound money.

Brother… I’m trying to get my head around STRC. I got the most respect for Saylor but I don’t wanna give anyone fiat so they can buy bitcoin and give me back fiat in return. However I gotta accept I need fiat to get by on a daily so am thinking I should jump in if it generates income.

Bad publicity is still good publicity Scams were inevitable They can't destroy bitcoin though -> bullish

Judge Hardcase · 25w

Look on the bright side: If it all collapses, and Strategy goes under, we'll get to see what happens when close to 1M coins hits the market regardless of a quantum. (okay, that's not really a bright side).

We are all on a big raft and salyor is having a big party with massive bonfire. Let's hope it dosent get out of control. Should hedge my hedge

keystroke · 25w

We're pumping so much right now people asking me to stop the pump. They're like "please stop the pumping we don't know what to do with all of it".

Spherecell · 25w

Can anyone give concrete examples of how STRC is risky ? Genuinely trying to steelman why STRC could implode.

When I hear "financial engineering" I translate it to "fraud".

StefanBtc · 25w

Its better then buying ehtereum or solana to change future of finance, but worse then holding bitcoin in self custody. Its free market, at least its not forced like fiat.

https://primal.net/e/nevent1qqs9s4qrgv8z44z4cvgyfjm7hlh487e8y40q3cla5y437wv5q2uh4usv6eulx

thoughtcrimeboss · 25w

And yet so many bitcoiners make fun of the shitcoiners for their ponzis.... Fuck Saylor he's a piece of shit honestly.

What risks? I haven't read any valid reason why this would be risky. Strategy is overcollateralized and they manage to maintain a reasonable level of leverage. Once all financial institutions adopt this approach (they will have no choice because of game theory), the systemic risk on bitcoin due to...

John Smith · 25w

if it can blow up, somehow it will blow up at some point in time.