CitizenPleb on Nostr: If the flow of investors to buy new shares of any publicly traded company dries up ...
If the flow of investors to buy new shares of any publicly traded company dries up that company is in trouble.
If bitcoin keeps doing what it’s does (and it most likely will) it’s reasonable to expect that a company diligently executing a long corporate treasury strategy will also succeed and be handsomely rewarded.
That said. If you own no corn and mostly or all MSTR, congratulations, you’ve chosen your stocks wisely, but you also own a publicly traded equity in layers of counterparty custodianship.
You own no UTXOs, you can’t send it to family in another country, you can’t fight censorship with it, you can’t spin up a lightning channel with it or use it in a fedimint, or inscribe dick picks on it (would refrain from that one, but you do you) and you sure as shit cannot zap hilarious memes with it.
If bitcoin keeps doing what it’s does (and it most likely will) it’s reasonable to expect that a company diligently executing a long corporate treasury strategy will also succeed and be handsomely rewarded.
That said. If you own no corn and mostly or all MSTR, congratulations, you’ve chosen your stocks wisely, but you also own a publicly traded equity in layers of counterparty custodianship.
You own no UTXOs, you can’t send it to family in another country, you can’t fight censorship with it, you can’t spin up a lightning channel with it or use it in a fedimint, or inscribe dick picks on it (would refrain from that one, but you do you) and you sure as shit cannot zap hilarious memes with it.