JudgeHardcase on Nostr: BTC itself is mostly a speculative gamble. Though, I believe there is an adoption ...
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. I see MSTR as this BTC speculative gamble on steroids.
Eventually, BTC adoption will reach its potential (whatever that happens to be). The biggest question for me regarding MSTR is will there necessarily be enough time for the BTC adpotion floor to be able to bail out a mistimed speculation on steroids? i.e. a purchase of 100K BTC today could take years to recover from a very possible (if not on brand) BTC drop to 50K in the near future... a purchase of MSTR today could take 3x or 4x or even longer to recover (if ever).
Eventually, BTC adoption will reach its potential (whatever that happens to be). The biggest question for me regarding MSTR is will there necessarily be enough time for the BTC adpotion floor to be able to bail out a mistimed speculation on steroids? i.e. a purchase of 100K BTC today could take years to recover from a very possible (if not on brand) BTC drop to 50K in the near future... a purchase of MSTR today could take 3x or 4x or even longer to recover (if ever).