coinflip9521 on Nostr: Michael Saylor is a genius - he found an infinite money glitch. #Bitcoin denominated ...
Michael Saylor is a genius - he found an infinite money glitch.
#Bitcoin denominated in #dollars goes up each time the dollar money supply increases.
#MicroStrategy takes out a loan which increases the money supply.
MicroStrategy buys bitcoin.
Bitcoin go up.
MicroStrategy go up.
Due to larger market cap and increased balance sheet MicroStrategy can get a new loan.
Repeat.
#Bitcoin denominated in #dollars goes up each time the dollar money supply increases.
#MicroStrategy takes out a loan which increases the money supply.
MicroStrategy buys bitcoin.
Bitcoin go up.
MicroStrategy go up.
Due to larger market cap and increased balance sheet MicroStrategy can get a new loan.
Repeat.