HoloKat
· 70w
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. T...
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 risk in the first major price downturn after this run is over...might poison normies' attitude for a long time to come