MrTea

Nice! Did you go the normal route or the elevator shaft?

The pregame festivities are always better than thre game itself

The ETFs trade at a share price and not $87000. It’s easier for noobs to wrap their brains around $65 per share. The unit bias problem is somewhat mitigated by the ETFs was my point

All the more reason for those people to start with the ETFs

Listening to devs talk about quantum physics makes me chuckle

Everything ends

I wonder if bitcoiners realize they sound like gold bugs over the last 30 years? I don’t think most of them are old enough to realize it. I don’t buy into the doomerism that everything is going to burn down and then bitcoiners rule the world. I mean maybe 🤷‍♂️ but that sounds like something that would happen over 5 generations and not in my lifetime. I feel like they glom onto these low probability events to give their life meaning with the hope that one day they will say “see! I was right!” If we are assigning probabilities TODAY, then it’s more likely Bitcoin fails than we see hyperbitcoinization. However, bitcoiners are directionally accurate so that’s been enough for me to join in

It probably isn’t fraud by the legal definition. It’s more like a shitcoin. I’m of the belief that companies should do something productive. Eventually they have to or will fail. My issue with most treasury companies is I don’t believe they actually are trying to do anything productive. I suppose they could so I can’t disagree with you on that. I think they’re all engaged in this ledge Ponzi scheme where they want you to buy equity in their company that does nothing and never will. Since they disclose that it’s not legal fraud. But it’s still a misallocation of capital which I can’t support. They should strive to do something productive with their time as we all should. Hodling bitcoin isn’t productive. Saylor knows this because he could use one of his own absurd analogies to deduce it

Imagine buying NYC coin 🤣 these people should just sports bet on 10 leg parlays like every other degenerate gambler

I dont think he does. He calls it digital credit. And he wants somebody else to use that product to create digital money which would be a stable coin built on top of it. That’s how I understand his terminology anyway

I can strive to be an Olympic sprinter but it won’t happen. However I don’t go around trying to (fraudulently) get people to invest in my future as a sprinter

I’m not sure why he feels the need to defend other companies 🤷‍♂️ he could just pivot to talk about strategy without all the strawmanning and fake outrage