garyj on Nostr: Saylors debt pyramiding of bitcoin is safe because "the debt is not collateral and ...
Saylors debt pyramiding of bitcoin is safe because "the debt is not collateral and its zero coupon". What ?! Has he discovered a perpetual motion financing machine ? Even if the debt is in the name of MicroStrategy , what do you think happens to MicroStrategy equity if we get an 80% drawdown of bitcoin like we've have in every other halving cycle ?
Published at
2024-12-23 08:15:53Event JSON
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"content": "Saylors debt pyramiding of bitcoin is safe because \"the debt is not collateral and its zero coupon\". What ?! Has he discovered a perpetual motion financing machine ? Even if the debt is in the name of MicroStrategy , what do you think happens to MicroStrategy equity if we get an 80% drawdown of bitcoin like we've have in every other halving cycle ?",
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