A lot of assumptions are made here. I hold BTC (theoretically) unless I trade them ...

npub1m50…glzq

2024-11-25 19:15:26

in reply to nevent1q…xjxj

A lot of assumptions are made here. I hold BTC (theoretically) unless I trade them for goods I will always have them. Anyone else who abhors fiat as I do will accept BTC in exchange for goods as well. This is an economy. The fact that I can take worthless fiat (in my opinion) and trick an exchange or other BTC holder into giving BTC to me is short lived.

I know eventually people will only exchange BTC for material goods or labor. In that paradigm MSTR has to make a decision:

Start using their treasury for capitalist ventures (loans, MSTR business expansion, buying property) or hold their treasury and expand circulated BTC value.

Loans will carry high risk unless borrowers collateralize with other assets. Even then interest on loans maybe antiquated/obsolete. Instead only staked loans will be given. I.E. someone opens a new business with BTC loan MSTR gets a 10% stake in the business for a term in lieu of interest.

I also don't see how buying assets, goods, or labor with BTC would somehow flow back to MSTR. When BTC is the monetary heavyweight, no one will be exchanging USD for BTC (which is required for MSTR to acquire it.)

So, I hope this assuages the fears. Although I can't logically assuage a feeling of jealously because it is an illogical emotion.

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npub1m50e65pv09ga73lglrkjgh5tlgj006pv9rce8xdg7rn5kps38gssh2glzq

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2024-11-25 19:15:26

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