CoinCounter on Nostr: I was just contemplating this last night. I think only companies that outperform ...
I was just contemplating this last night. I think only companies that outperform bitcoin, as denominated in bitcoin are even worth investing in now. Otherwise, just stick with near 100% bitcoin. In order to do that most companies would have to be on the bitcoin standard like MSTR. But the problem is — their legacy business will be a DRAG on their stock gains vs bitcoin. lol so crazy...
But, MSTR is one of the very few companies that seems likely to actually outperform bitcoin. The only other one I'm comfortable with is NVDA.
I think there are some other AI plays, but I haven't researched and don't want to now. I would have had I not really dug into bitcoin to really fully understand it and why nearly every company is losing value when denominated in bitcoin.
The cost of capital now is bitcoin. That's the hurdle rate for me. And bitcoin is doing so well and with nearly zero risk. Why take a risk on a company earnings growth? It makes no sense.
TodayI just sold a bunch of Amazon that I've had since 2014 & 2017 and bought more bitcoin. I also have a bunch of MSTR.
But, MSTR is one of the very few companies that seems likely to actually outperform bitcoin. The only other one I'm comfortable with is NVDA.
I think there are some other AI plays, but I haven't researched and don't want to now. I would have had I not really dug into bitcoin to really fully understand it and why nearly every company is losing value when denominated in bitcoin.
The cost of capital now is bitcoin. That's the hurdle rate for me. And bitcoin is doing so well and with nearly zero risk. Why take a risk on a company earnings growth? It makes no sense.
TodayI just sold a bunch of Amazon that I've had since 2014 & 2017 and bought more bitcoin. I also have a bunch of MSTR.