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Chris Kleeschulte's avatar

I used to think like the author of this article. I no longer do because I've studied what Saylor is trying to do and, yes, its bold and daring, but his playbook isn't new and it has worked in the past. He is essentially trying to recreate what the bank of England did centuries ago. Will it work? Only time will tell. I can imagine at least 20 financial products on top of the ones he launched this year. If he can become the JPM of bitcoin, then he will be 10x berkshire hathaway easily. If you are not confident in bitcoin's future or MSTR's leadership, then these conclusions are definitely the bear case. I'm bullish on this company over the next 5-10 years and I'm allocating a small allocation for massive upside potential. This is definitely the async trade we all wait on. Imagine owning a piece of the bank of England or the Federal Reserve?

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SomeNYDude (he/him)'s avatar

I wish you well. What is the bull case for bitcoin? Only 1 million more bitcoin will be created ever. Bitcoin is heavily reliant on liquidity. Bitcoin is now competing for electricity with AI data centers. AI data centers are raising the cost of electricity, which hurts Bitcoin.

Bitcoin YTD: -0.64%

Gold: +60.35%

Silver: +102.26%

VanEck Junior Gold miners: +150.97%

Amplify Silver Junior miners: +162.24%

If Bitcoin can’t beat a reserve asset like gold, with the most crypto friendly president ever, what good is it?

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