Saylor made a multi billion dollar ponzi (STRC) with the fixed assumption that a trillion dollar asset will beat YEARLY APY of 12%.Thats doubling every 6 years. Consistently. How fucking retarded can somebody get? Does he not know basic math? And why do even bigger retards give him the money.It WILL fail, the only question is when, my guess is 2028 or 2029 during a big bear market.
>>62544575microstrategy has been a highly effective means of transferring retarded tradfi money directly to bitcoin whales
>>62544697Honestly we should be thanking him for his service. Holy shit that was a lot of liquidity, and needed.Imagine trying to cash out 50,000 BTC these days. Absolute nightmare.
I'm sure he gets paid a very nice yearly salary and bonus regardless? I wouldn't say he's that retarded...
>>62545108Yeah but the shame and loss evetually? I guess it wont be the first time.
>>62544575This is a big bear market you stupid idiot. 400 Days I have suffered and there is no end in sight.
>>62549502>oh no i'm a billionaire and my ponzi collapsed and i'm 70 years old>better sit in the basement wallowing in my shame
>>62544575If bitcoin doesn't meet it's 12% growth projection they will just lower dividends. what you going to do? Sell? Chances are if bitcoin is down it's because of a recession that impacts the entire economy. The bigger problem with strc is that you have a capped upside with an uncapped downside (technically 0 cap but whatever). Crytobulls are better off buying coins directly and lending them out for income.