The genius is at it again, 3 years of life assured without touching the stack
>>61527358>until he acquires more debt
Strategy doesn't produce anything. Who the hell is giving money to Saylor o_O
>>61527358Printed out stables from thin air?
>>61527478Private credit. After 2008 the rules that were supposedly implemented to limit risky lending all that happened was the banks lent to private credit. Who has even worse underwriting criteria. With no visibility or scrutiny. So the problem actually got worse not better. The derivatives and counter party risk and hence system risk has exploded in the dark. And we now know that a tremendous amount has been wagered on AI. And now on swaps for AI failing. But the bets on it succeeding and failing are ultimately on the same source banks. Which means it’s all systemic. So the taxpayer again. The printing press again etc etc. There’s a non counter party risk way out of it. I won’t even mention what it is. We all see it now.
>>61527478What do banks produce?
>>61527628Debt
>>61527628they give loans to small businesses like bakeries. do you think some angel investor fag would do that? no. banks arent entirely useless
>>61527654Strategy do this with their prefs.>Sell equities (bond-like)>Buy and hold bitcoin with the fiat>Pay fiat dividends on the equity>Profit from arbitrage between bitcoin CAGR and dividend yield liabilitiesFinancial services like banks. Pretty simple business model as far as I can see.
