igor55

We overestimate what can be achieved in the short term and underestimate what can be achieved in the long term.

Nation states are coming, but have patience. Otherwise you will be disappointed when expectations don't match reality.

The "borrow, never sell" meme, from my recollection, mainly came about from Michael Saylor's edification of us plebs in 2020/21. The advantage to not selling is ability to defer taxes while maintaining access to Bitcoin's price appreciation.

One rubuttal or refrain I'm hearing more commonly is that there is no legitimate place to actually do this, i.e. to get a Bitcoin-collateralized loan.

I wonder if with the discovery of MSTR's Bitcoin Treasury Company strategy and its supposed 1.5x leverage on raw BTC, selling some BTC, one could:

Use 1/3 to cover your lifestyle + capital gains tax, and

Put at least 2/3 into MSTR

This allows you to spend today while still maintaining access to the sa

The "borrow, never sell" meme, from my recollection, mainly came about from Michael Saylor's edification of us plebs in 2020/21. The advantage to not selling is ability to defer taxes while maintaining access to Bitcoin's price appreciation.

One rubuttal or refrain I'm hearing more commonly is that there is no legitimate place to actually do this, i.e. to get a Bitcoin-collateralized loan.

I wonder if with the discovery of MSTR's Bitcoin Treasury Company strategy and its supposed 1.5x leverage on raw BTC, selling some BTC, one could:

1. Use 1/3 to cover your lifestyle + capital gains tax, and
2. Put at least 2/3 into MSTR

This allows you to spend today while still maintaining access to

I was thinking about how a short squeeze could potentially benefit MicroStrategy with the at-the-market (ATM) offering in place. Here’s the logic:

If shorts start covering and the stock price skyrockets, it would create massive demand and push the share price even higher. MicroStrategy could use this opportunity to sell shares at a premium, raising more cash for the same level of dilution. Plus, the higher share price means they’d issue fewer shares to raise a given amount, which would be a win for existing shareholders.

It’s also worth considering the attention a squeeze brings. Momentum traders and retail investors could pile in, giving the company even more leverage during the offer

I'm entering my third cycle and reflecting back I recognise there were bullish narratives that fuelled the frothy positive sentiment characteristic of Bitcoin bull markets. I'm struggling to recall entirely but from memory:

In 2017, it was futures approvals at CBOE and CME, altcoin/ICO boom and institutions are coming.

In 2021, it was retail trading via PayPal, CashApp, Robinhood, institutional adoption by Microstrategy and Tesla, Grayscale NAV discount trade and excessive COVID money printing.

In 2025, it's seemingly US strategic Bitcoin reserve, nation state adoption, Microstrategy reflexive loop, ETFs, ETF options and the perennial institutions are coming.

From experience, I'd be caut

I've seen a couple popular posts/comments implying it is ironic or contradictory to measure Bitcoin's value in fiat. I wanted to broadcast some thoughts in response:

The fiat price of Bitcoin is merely a proxy to quantify Bitcoin's value. Fiat, for all its flaws, is currently the universal language of money, it's a convenient, granular, familiar and easy to understand unit of account - the measuring stick for economic value. Imagine trying to gauge Bitcoin’s value in, say, barrels of oil or ounces of gold. Sure, it sounds cool and apocalyptic, but it’s not exactly convenient for day-to-day comprehension.

Now, for the real mind-bender: measuring Bitcoin's value in a depreciating fiat might

I have relatively recently gone vegan and started gardening at home. Are there any vegan-friendly non-lethal snail-repellant?