LynAlden on Nostr: During interviews, I get a lot of questions about the potential for a strategic ...
During interviews, I get a lot of questions about the potential for a strategic bitcoin reserve and how it may affect price.
I typically answer by talking about how I tend to take the 'under' on the prospect for a bitcoin reserve. In other words, as a base case they might recategorize currently-held bitcoin, might add a bit, etc. My lesser case is that they go and actually buy a lot, which would positively affect price, sure. I then go on about how, my long-term bullishness of bitcoin is not dependent on that, and I'd rather structure my view to assume a baseline and potentially be surprised to the upside on price within a given period, rather than focus on singular bullish catalysts and then be surprised to the downside if those specific things don't materialize.
That's Lyn Speak for "I find this question really boring, please stop asking me it."
I typically answer by talking about how I tend to take the 'under' on the prospect for a bitcoin reserve. In other words, as a base case they might recategorize currently-held bitcoin, might add a bit, etc. My lesser case is that they go and actually buy a lot, which would positively affect price, sure. I then go on about how, my long-term bullishness of bitcoin is not dependent on that, and I'd rather structure my view to assume a baseline and potentially be surprised to the upside on price within a given period, rather than focus on singular bullish catalysts and then be surprised to the downside if those specific things don't materialize.
That's Lyn Speak for "I find this question really boring, please stop asking me it."