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ALTIMETER'S GERSTNER ON BITCOIN Gerstner said he doesn’t understand MicroStrategy’s strategy, and repeated confusion is a red flag for him. He owns some Bitcoin and may buy more if prices fall, but he’s watching to see whether MicroStrategy might be forced to deleverage, which could create short-term turmoil. He... show more

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"There's a very major difference between no choices and no great choices. Right now in the very short term, he doesn't have great choices. But he has plenty of options" "Where people are conflating this on social media is there are people who think it's in a death spiral and it's over" "He has to slightly dilute MicroStrategy shareholders to add back to the cash reserve and buy more Bitcoin. I can see an argument for saying stop buying Bitcoin for a while, bro. That could be rational. I can see an argument that they should have not paid off the convertible note for $1.3 billion because that sparked all of this" "But they're adding back to that cash reserve every single week. I can see all the negative arguments, but he has plenty of options that are slightly dilutive in the short term to shore up the balance sheet"

"There's a very major difference between no choices and no great choices. Right now in the very short term, he doesn't have great choices. But he has plenty of options" "Where people are conflating this on social media is there are people who think it's in a death spiral and it's over" "He has to slightly dilute MicroStrategy shareholders to add back to the cash reserve and buy more Bitcoin. I can see an argument for saying stop buying Bitcoin for a while, bro. That could be rational. I can see an argument that they should have not paid off the convertible note for $1.3 billion because that sparked all of this" "But they're adding back to that cash reserve every single week. I can see all the negative arguments, but he has plenty of options that are slightly dilutive in the short term to shore up the balance sheet"

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Jeff Booth says Strategy's future depends on Bitcoin becoming a currency "For Strategy to do well long term, the yin and yang has to happen together. Bitcoin needs to be a currency. If it's just this financial instrument, then ultimately Strategy would probably be taken over by the government, if the underlying asset is the thing" "Maybe that happens, maybe it doesn't happen, but I don't actually think that happens. There's a way it won't, because Bitcoin's emerging as a currency" "If Bitcoin emerges as a currency, then Strategy becomes one of the most valuable companies around, because they went there early"

Jeff Booth says Strategy's future depends on Bitcoin becoming a currency "For Strategy to do well long term, the yin and yang has to happen together. Bitcoin needs to be a currency. If it's just this financial instrument, then ultimately Strategy would probably be taken over by the government, if the underlying asset is the thing" "Maybe that happens, maybe it doesn't happen, but I don't actually think that happens. There's a way it won't, because Bitcoin's emerging as a currency" "If Bitcoin emerges as a currency, then Strategy becomes one of the most valuable companies around, because they went there early"

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63,528 views • 1 month ago

🚨Ripple CEO WARNS Bitcoin’s Debt-Fueled Strategy Is HURTING Crypto — Says XRP Is Built For REAL Utility 🤯🔥 Ripple CEO Brad Garlinghouse went LIVE on CNBC, and WARNED that using leverage to buy MORE Bitcoin may create excitement on the way UP... But makes the selloff even WORSE on the way DOWN because leverage compounds losses. ⚠️ ❌ He says “financial engineering” DOES NOT create LONG-TERM value. Instead, long-term WINNERS will be the digital assets that solve REAL problems for REAL customers at scale like $XRP.🚀 Brad Garlinghouse added that Bitcoin has earned its place as digital gold... BUT 👉 $XRP is built for INSTITUTIONAL payments, speed and efficiency — NOT leverage. Brad Garlinghouse REVEALED Ripple processed OVER $16 TRILLION in payment and prime brokerage volume last year. 🤯 Yet he says ALMOST 0% of that volume currently moves through CRYPTO... 😳 Meaning the opportunity to bring TRILLIONS of traditional finance onto blockchain is STILL massive. 🔥

🚨Ripple CEO WARNS Bitcoin’s Debt-Fueled Strategy Is HURTING Crypto — Says XRP Is Built For REAL Utility 🤯🔥 Ripple CEO Brad Garlinghouse went LIVE on CNBC, and WARNED that using leverage to buy MORE Bitcoin may create excitement on the way UP... But makes the selloff even WORSE on the way DOWN because leverage compounds losses. ⚠️ ❌ He says “financial engineering” DOES NOT create LONG-TERM value. Instead, long-term WINNERS will be the digital assets that solve REAL problems for REAL customers at scale like $XRP.🚀 Brad Garlinghouse added that Bitcoin has earned its place as digital gold... BUT 👉 $XRP is built for INSTITUTIONAL payments, speed and efficiency — NOT leverage. Brad Garlinghouse REVEALED Ripple processed OVER $16 TRILLION in payment and prime brokerage volume last year. 🤯 Yet he says ALMOST 0% of that volume currently moves through CRYPTO... 😳 Meaning the opportunity to bring TRILLIONS of traditional finance onto blockchain is STILL massive. 🔥

Diana

17,289 views • 3 months ago

"The market is no longer pricing Saylor as a buyer, and the market is up 10% ish since it started pricing that" "He sold more Strategy, and obviously that's dilutive without adding Bitcoin per share, which I don't think is their main metric anymore" "He did buy back some STRC here at an extreme discount and raised enough cash that now their dividend coverage is more than two years" "But the most important part is he's not going to be buying Bitcoin anytime soon. If he sold 3,000, he's unlikely to be a buyer, and you can see what he's doing"

"The market is no longer pricing Saylor as a buyer, and the market is up 10% ish since it started pricing that" "He sold more Strategy, and obviously that's dilutive without adding Bitcoin per share, which I don't think is their main metric anymore" "He did buy back some STRC here at an extreme discount and raised enough cash that now their dividend coverage is more than two years" "But the most important part is he's not going to be buying Bitcoin anytime soon. If he sold 3,000, he's unlikely to be a buyer, and you can see what he's doing"

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53,540 views • 2 months ago

Tom Lee on CNBC: As much as the war is creating a huge short-term setback and a lot of uncertainty — ultimately wars are going to be good for the US economy and the US stock market. He also said that markets will start to think less of the crisis and more of the opportunity. Do you think he is right?

Tom Lee on CNBC: As much as the war is creating a huge short-term setback and a lot of uncertainty — ultimately wars are going to be good for the US economy and the US stock market. He also said that markets will start to think less of the crisis and more of the opportunity. Do you think he is right?

Lark Davis

25,528 views • 6 months ago

“Rather than forming a third party, which seems to me just chaotic and a lot of overhead and has not historically been that successful.. I would love to see Elon, if this is his main issue, if it's the budget deficit and debt, which I would love to see him take on, he could do a series of things. Number one, he could really sponsor a balanced budget amendment to the Constitution of the United States under Article 5. If he put $10 billion against that effort, it would be the single largest constitutional effort in the history of the country.” -Brad Gerstner on Elon Musk’s 3rd Party on Bg2 Pod

“Rather than forming a third party, which seems to me just chaotic and a lot of overhead and has not historically been that successful.. I would love to see Elon, if this is his main issue, if it's the budget deficit and debt, which I would love to see him take on, he could do a series of things. Number one, he could really sponsor a balanced budget amendment to the Constitution of the United States under Article 5. If he put $10 billion against that effort, it would be the single largest constitutional effort in the history of the country.” -Brad Gerstner on Elon Musk’s 3rd Party on Bg2 Pod

bg2clips

45,343 views • 1 year ago

Prof. Steve Hanke: ‘STAY AWAY from long-term US bonds, Scott Bessent has no escape from the trap he is in and has LOST CREDIBILITY.’ ‘I wouldn’t want to be holding long-term US bonds. If I was a private investor, I wouldn’t want to be holding and I’ve indicated now for months to stay away from the bond market in terms of long-term bonds… 10 years or longer, like 30 years, becauseI said they would be tanking and they have been tanking, but part of it is due to this inflation underlying problem. Increase the money supply too much and you get too much inflation. That’s one factor. Then you have what’s going on with the war in Iran, as well as the one in Ukraine, and those factors are negative for these long-term bonds. And then a third factor, you’ve got the US Secretary of Treasury Bessent who’s trying to manipulate the markets by buying and supporting these long-term bonds. So he’s buying back long-term bonds that are already outstanding, and of course that artificially props the price up and pushes the yield down on those long-term bonds, but the trick is he’s still got to finance the deficit that we’re running in the United States, which means he has to sell more of the short-term bonds. And when you sell more, the supply goes up, the price goes down, and what happens? Bingo, the yield goes up on the short-term bonds. So there’s no escape from the trap that he’s in. He’s manipulating the thing around. He’s trying to keep the interest rates artificially low on the long-term bonds, but that means he must adjust and push them up on the short end. So it’s all a loser’s game. It’s as I say, he’s trapped and he’s lost a considerable amount of credibility, I think, by trying this manipulation game that he’s in, which by the way is not working. The bond vigilantes don’t like what he’s up to, and they punished him last week by actually going against what he was doing on those long-term bonds. The long-term interest rate didn’t go down as he announced that it would, it actually went up.’ —Steve Hanke on the latest episode of Going Underground Watch the full interview in the quoted post below 👇

Prof. Steve Hanke: ‘STAY AWAY from long-term US bonds, Scott Bessent has no escape from the trap he is in and has LOST CREDIBILITY.’ ‘I wouldn’t want to be holding long-term US bonds. If I was a private investor, I wouldn’t want to be holding and I’ve indicated now for months to stay away from the bond market in terms of long-term bonds… 10 years or longer, like 30 years, becauseI said they would be tanking and they have been tanking, but part of it is due to this inflation underlying problem. Increase the money supply too much and you get too much inflation. That’s one factor. Then you have what’s going on with the war in Iran, as well as the one in Ukraine, and those factors are negative for these long-term bonds. And then a third factor, you’ve got the US Secretary of Treasury Bessent who’s trying to manipulate the markets by buying and supporting these long-term bonds. So he’s buying back long-term bonds that are already outstanding, and of course that artificially props the price up and pushes the yield down on those long-term bonds, but the trick is he’s still got to finance the deficit that we’re running in the United States, which means he has to sell more of the short-term bonds. And when you sell more, the supply goes up, the price goes down, and what happens? Bingo, the yield goes up on the short-term bonds. So there’s no escape from the trap that he’s in. He’s manipulating the thing around. He’s trying to keep the interest rates artificially low on the long-term bonds, but that means he must adjust and push them up on the short end. So it’s all a loser’s game. It’s as I say, he’s trapped and he’s lost a considerable amount of credibility, I think, by trying this manipulation game that he’s in, which by the way is not working. The bond vigilantes don’t like what he’s up to, and they punished him last week by actually going against what he was doing on those long-term bonds. The long-term interest rate didn’t go down as he announced that it would, it actually went up.’ —Steve Hanke on the latest episode of Going Underground Watch the full interview in the quoted post below 👇

Going Underground

14,779 views • 9 days ago