8r0ck3feller
8R0ck3feller

He’s probably defending the position the banks are trying to take when they enter the game. Their model is to take deposits and offer yield. That’s what they do. Obviously bitcoin will humble them BUT the fact that they’re considering legitimizing bitcoin into the legacy system and the legacy institutions is huge.
I’m sure a lot of Saylor’s time is spent orange-pilling his peers. And I’m sure he has heard from banks that they have to take deposits and offer yield. Banks are walking an incredibly fine line.
They’ll be humbled by bitcoin the asset and the protocol, no doubt, but they can’t jump into the business model of bitcoin with a reckless cannonball … it’ll destroy their legacy business model. They have boards, shareholders, and customers to consider.
Unless you say everyone in the legacy system is evil and actively trying to ruin the lives of everyone … in which case …

2024-09-19 14:22:04

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I’d say pragmatic. At the end of the day, the hardest money wins. There are gonna be a lot of powerful interests impacted by that transition. He doesn’t need to (and probably doesn’t want to) make enemies. He’ll leave that to the @npub1gdu…6nak of the world. They have less to lose (and don’t have a fiduciary obligation to publicly traded shareholders).

2024-09-19 14:05:05

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Or he has to play nice.

2024-09-19 01:58:17

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Yes, about 6 weeks ago. Totally free ballin’ here on NOSTR

2024-09-19 01:14:53

Hong Kong & Singapore got into the office and said “stop this bullishness…”

2024-09-19 00:53:26

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Seriously, what happened to Primal. Absolute implosion of an experience for me. Was working fine until last weekend…now entirely unusable/frozen.

2024-09-19 00:30:16

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I think any macroeconomic calamity will be similar to the regional bank crisis in March ‘23 … bitcoin will be utilized as a safe haven.
We may have crossed the rubicon … they held their line as long as they could. As soon as they start buying treasuries because the auctions suck it’s gonna be bangin’
🤙🏼😛💪🏼

2024-09-19 00:19:32

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If he focuses too much on bitcoin, they might not miss next time.

2024-09-18 23:53:21

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Try Shiner if you haven’t already. Like Yuengling but better.

2024-09-18 23:29:58

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https://tenor.com/bAxwV.gif

2024-09-18 18:26:29

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Fitty

2024-09-18 17:45:51

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Judging from how the bitcoin price pulled back today, I think the market expects 25 bps

2024-09-18 15:46:59

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Is it the other way around. You’d want to buy MSTR when BTC/MSTR is higher?

2024-09-18 12:18:16

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Lazard junior banker at 8:30p: “I might get home at a decent hour!”
Lazard MD: “Imma gonna need you to run another 10 cases of economic forecasting just in case the client asks for one of the after the fancy lunch tomorrow.”
Lazard Senior banker (reply all): “Absolutely!”
Lazard senior banker to junior banker: “I’ll need to see these cases and 30 more along with your commentary in a ppt in my inbox first thing tomorrow morning.”

2024-09-18 12:03:17

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Don’t do it. HODL. Buy on your terms in 2026 after you cash some out near the blow-off top

2024-09-18 11:31:19

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Show me the incentives and I’ll tell you the outcome…

2024-09-18 11:21:29

🤡🌎 insisting everything is fine behind the curtain.
“The incentive isn’t to suppress the price, no. You bitcoiners are just a bunch of paranoid silly geese. Sheesh.”
https://stocks.apple.com/AJhtd4RndQ0W7_SfKHncnfw

2024-09-18 03:15:58

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And … he’s gone…
https://tenor.com/rnRp.gif