jasontheoriginal on Nostr: People still don't understand what Microstrategy is doing! It is going to usher in ...
People still don't understand what Microstrategy is doing! It is going to usher in BTC as the only money.
Convertable note have a cap an mature out of mstr's liabilities when it goes up x amount.
Then they have a larger and larger stack of btc to make their convertable notes/ bonds safer.
They space them out over years.
As soon as they conver it only makes sense for whom ever had them to buy new notes. Gives companies sitting on cash (a fuck load of them) BTCs upside with downside being bond yield agreed upon less than inflation.
They will be able to issue as many convertable bonds as they want. Will be able to probably issue at a negative yield for billions. Recognizing tha -yield as revenue as well.
Hahahaha
Every company will start doing it but not as safe as mstr.
As supsupy of btc goes down and down and bonds / btc buys get bigger and bigger volatility and upside spike.
It's all over but the crying.
Convertable note have a cap an mature out of mstr's liabilities when it goes up x amount.
Then they have a larger and larger stack of btc to make their convertable notes/ bonds safer.
They space them out over years.
As soon as they conver it only makes sense for whom ever had them to buy new notes. Gives companies sitting on cash (a fuck load of them) BTCs upside with downside being bond yield agreed upon less than inflation.
They will be able to issue as many convertable bonds as they want. Will be able to probably issue at a negative yield for billions. Recognizing tha -yield as revenue as well.
Hahahaha
Every company will start doing it but not as safe as mstr.
As supsupy of btc goes down and down and bonds / btc buys get bigger and bigger volatility and upside spike.
It's all over but the crying.