Great analysis from Anthony Pompliano on everything going on with MicroStrategy and their Bitcoin treasury.

@APompliano We fucking articulated! You always have a great skill of doing this @APompliano

@APompliano I’ve learned a lot from his resources over the years.

@APompliano He pushed blockfi pretty hard a few years ago. A lot of people lost their bitcoin when they went under. It’s all I think about when he pops up now.

@APompliano Good analysis To me sometimes the simplest answer is the most likely. Biggest risk to MSTR? A major Bitcoin correction or bear market. If MSTR is effectively levered Bitcoin, if we get a 30% correction in Bitcoin, MSTR would fall at least that much and possibly avalanche

Anthony always has an interesting take, especially when it comes to MicroStrategy's bold moves. Their Bitcoin strategy is a masterclass in conviction. It's like watching someone double down at the high-stakes table and then win big. Bitcoin's future looks brighter every day with players like them in the game.

The risks are simple: 1. @saylor dies 2. Coinbase messes up custody 3. Bitcoin fails If these happen: 1. The company probably continues exactly as before. 2. The price of bitcoin goes up if coins are lost. Insurance options are becoming a thing and collaborative custody will make losing coins highly unlikely. Still probably the most risky aspect of MSTR. 3. Bitcoin failing being highly unlikely at this point. @APompliano

@APompliano I disagree. More like five minutes of saying nothing special.

This is a great analysis and very well said. There is always a risk with anything, however… I refuse to trust the current US financial system which can create money out of thin air, debank me because of my politics, and will eventually try to force me onto their CBDC social credit system. If Bitcoin and/or MSTR fails, then we all fail. This is our last hope.

@APompliano Hes got a substack and new book out too. Definitely a good follow if your getting into bitcoin or finance in general.

@APompliano The risk is, like every other ponzi, new buyers will stop buying in. BTC is a hard currency but what Saylor doing is a ponzi. There’s a slight chance he is actually pulling forward future value but that still needs to be weighted with what gives BTC true value, scarcity agnst $$