Aspherical on Nostr: Excellent post Mike, and an astonishing interview. Michael Sailor allegedly studied ...

Excellent post Mike, and an astonishing interview. Michael Sailor allegedly studied bitcoin deeply. Now he advertises his msrt stock by claiming that investors „trust“ him and that he will continue his strategy „forever“. What happens if he has a change of mind or heart attack? Doesn‘t his leveraged bitcoin strategy and coin amassment (remember Smaug’s treasure) on the level of black rock etfs create another single point of failure for bitcoin success ? Riskying market turmoil and a considerable throwback of bitcoin valuation and adoption, thereby crushing the hopes of many that are now saving in bitcoin? Yes I am worried about excessive and reckless financialisation strategies failing. Wasn’t it supposed to be „don‘t trust, verify“ for bitcoin? Just my five cents. Your comments and thoughts welcome.