Fundamentals on Nostr: The reason I don't value fiat gains is because from a risk-adjusted persoective ...
The reason I don't value fiat gains is because from a risk-adjusted persoective (including debasement) it just gets discounted to negative.
I don't believe ordinary people are capable (before the fact) of generating risk-adjusted positive USD gains - this is only possible for those who have inside information. Feel free to disagree but this has been my view long before Bitcoin existed.
Secured fiat debt is a good idea for things like buying a house or a car.
So, inside that view, I strongly believe that pursuing USD returns is a fools errand, maybe not for Saylor but certainly for you and I.
I don't particularly thing Saif brought anything that interesting (though he wanted to) - I just think that Saylor telling us that he has no interest in the BTC standard and the belligerent way in which he ended up doing it was noteable.
Thank you for your discourse !
I don't believe ordinary people are capable (before the fact) of generating risk-adjusted positive USD gains - this is only possible for those who have inside information. Feel free to disagree but this has been my view long before Bitcoin existed.
Secured fiat debt is a good idea for things like buying a house or a car.
So, inside that view, I strongly believe that pursuing USD returns is a fools errand, maybe not for Saylor but certainly for you and I.
I don't particularly thing Saif brought anything that interesting (though he wanted to) - I just think that Saylor telling us that he has no interest in the BTC standard and the belligerent way in which he ended up doing it was noteable.
Thank you for your discourse !