npub1zh…ggdq0 on Nostr: on another note, Saylor's strategy of artificially pumping the price of Bitcoin to ...
on another note, Saylor's strategy of artificially pumping the price of Bitcoin to make normie buy-ins more unfeasible in order to force the world to buy his stupid ETF is simultaneously an act of jealousy at Satoshi organically accruing wealth simply through intelligence and effort, and pure stupidity.
the number of Bitcoin he owns isn't really the concern – it's his rapacious tendency to drive prices up (market sentiments is one helluva drug) so he can keep gambling on his own debt. this is, imo, actually a worse bubble than Enron, though I'm not sure the average investor is going to be all that mad about a price collapse.
remember: this is all about making sure everyone has an opportunity to buy in. it's not about the redistribution of wealth. Saylor, unfortunately, is not in the position to be that benevolent, so things may get a bit volatile in the markets for a minute.
like I've said numerous times, don't buy Bitcoin with money you don't have. his enormous incurrence of debt is a big problem for price stability in the long run. his success at gaming an asset that's truly meant to lift the world out of poverty organically and non-communistically (if that's even a word) is going to relegate the average person to 'stacking sats' instead of owning more significant portions of Bitcoin.
and it's actually not economically viable at this moment in time for Bitcoin to say, go to a million, and destabilize entire national economies as some sort of FU to the banking system. there are lives on the line and wars being waged and he seems to not give a literal crap about that.
so it's a matter of mitigating the Saylor-induced crashouts now or facing an even bigger collapse later as adoption grows. nobody thinks it's wise to sacrifice the broader adoption of Bitcoin to save Michael Saylor's greedy ass.
the magazine is pushing his propaganda hard.
let's look fully into the dealings of Michael Saylor, shall we? I also have a feeling that he doesn't like me so much and may have been behind some of the unsavory stuff.
no allegations, obviously, just a suspicion.
my suspicions are very rarely off-kilter, as we know.
the number of Bitcoin he owns isn't really the concern – it's his rapacious tendency to drive prices up (market sentiments is one helluva drug) so he can keep gambling on his own debt. this is, imo, actually a worse bubble than Enron, though I'm not sure the average investor is going to be all that mad about a price collapse.
remember: this is all about making sure everyone has an opportunity to buy in. it's not about the redistribution of wealth. Saylor, unfortunately, is not in the position to be that benevolent, so things may get a bit volatile in the markets for a minute.
like I've said numerous times, don't buy Bitcoin with money you don't have. his enormous incurrence of debt is a big problem for price stability in the long run. his success at gaming an asset that's truly meant to lift the world out of poverty organically and non-communistically (if that's even a word) is going to relegate the average person to 'stacking sats' instead of owning more significant portions of Bitcoin.
and it's actually not economically viable at this moment in time for Bitcoin to say, go to a million, and destabilize entire national economies as some sort of FU to the banking system. there are lives on the line and wars being waged and he seems to not give a literal crap about that.
so it's a matter of mitigating the Saylor-induced crashouts now or facing an even bigger collapse later as adoption grows. nobody thinks it's wise to sacrifice the broader adoption of Bitcoin to save Michael Saylor's greedy ass.
the magazine is pushing his propaganda hard.
let's look fully into the dealings of Michael Saylor, shall we? I also have a feeling that he doesn't like me so much and may have been behind some of the unsavory stuff.
no allegations, obviously, just a suspicion.
my suspicions are very rarely off-kilter, as we know.