Michael Saylor Never Seller?

Michael Seller

Yet another example of Saylor moving the goalposts, at best. Outright lying, at worst. And yet the MSTRetards, who currently own a stock that’s down 70% from ATH, will defend this guy tooth and nail

Wow, you’re relentless, you really won’t be happy until you break Bitcoin and then blame @saylor I wish people like you and all the nay sayers would focus on trying to encourage businesses to accept Bitcoin for payment instead of dunking on treasury companies.

@saylor I think you're missing the fact that Saylor runs MSTR/STRC, not me. Blame the whistle-blower lol

There you have it folks, undeniable proof.

Michael Seller

Micheal Seller

Why does anyone take this guy seriously? I guess not many people do besides $5k or under net worth investors.

So, @saylor, what gives?

Looks like you made a business decision that BIP-110 isn't getting you the engagement numbers that shitting on Saylor does. What's coming up next, Abortion?

you wanted BTC to be used for real world, he creates a money market but now you don't want him to sell? what's the point of BTC if you can't transact with it

Real world Bitcoin adoption is people buying and selling things for BTC, Bitcoin merchants, etc. Strategy is just dumb financial engineering that does nothing for Bitcoin adoption, and probably actually sets it back

That doesn’t happen before full bitcoin monetization, stop pushing for something to happen inorganically. Bitcoin is for enemies, you don’t get to say who uses bitcoin and how, so it’s useless to have an opinion on this matter. I would also add that you keep telling 10% of the story on $MSTR, and you leave the 90% behind. So much for “helping $MSTR shareholders”

@uhonyn Wrong, full Bitcoin monetization never happens if everyone has your attitude. If Bitcoiners won't use Bitcoin as money, then no one will. "Bitcoin is for enemies" does not mean that you cannot call out someone who is using money in an unethical way. It's not a free pass to scam

I want to add that I appreciate everything you’ve done for people who are interested in bitcoin, and I’m talking the time to argue with my best intentions because I know you also only want the best for everyone. You’ve displayed many times cutting edge critical analysis, which is why I’m genuinely confused at your heavy criticism of $MSTR.

@uhonyn I've come to believe that Bitcoin treasury companies may be a state level psyop, designed to distract and also divert newcomers to stocks instead of BTC in self-custody. Saylor is now actually lying in public (in my opinion) about his own words

Let me work it out for you. Company strategies change. In this case it’s changing to benefit its shareholders and produce value for them in the future. It’s obvious they are going for S&P inclusion and this is a condition for that. Let them change their strategy. Hell, companies do it all the time in a much less transparent way, how is this any different? He didn’t do it on the sly, he explained it in advance on public earnings call and explained why. If you don’t like it, don’t buy the product, but you’ll sure as hell monetise nitpicking. Let a company develop.

He literally lied on the public record, in my opinion

Obsessed at this point

Some of us have a passion for getting to the bottom of things and understanding what's going on

What’s going on is bitcoinisation Not how you envisaged it but yet it’s still happening

Nope, Bitcoin adoption is not onboarding the world to high yield preferreds. It's merchants accepting BTC and actual Bitcoiners using BTC as money in their day to day lives. Deep state wants you to stack stonks, not sats

Bitcoin adoption is STRC and digital credit products outpacing inflation. Bitcoiners had 14 years to play with their new “money” now it’s time for wallstreet to take over

@mattkratter Imagine saying “now it’s time for wallstreet to take over” unsarcastically.

@mattkratter They control the money Bitcoin is a monetary network Hand in hand

Do you see zero value in trying to create a low volatility product during the monetisation phase of Bitcoin?

Bitcoin is already money. Creating a USD stable coin on top of a high yield preferred stock like STRC is literal madness. It’s also really fiat brained

@LaHvaSomSkjer @mattkratter Bitcoin is money in the Austrian frame of reference. But it is a volatile, long-duration asset for most individuals/businesses, viewed from the conventional lens. Everyone is incentivized to spend USD instead of $BTC (Gresham's Law).

You are contorting words and definitions to rationalize your own economic incentive, falsely suggesting there is not objectivity (merely different frames) and you have a misunderstanding about volatility. Bitcoin is volatile because it is in the process of being adopted as a new form of money. Every new adopter is pricing bitcoin for the first time, with limited information. The volatility you are trying to engineer around is circular in its logic. The only path to stability is through mass adoption, which necessitates volatility (new adopters pricing it for the first time). Bitcoin will not be volatile when incremental adoption can only represent a fraction rather than a multiple or order of magnitude. Rather than helping people understand bitcoin, your solution is to get them into a bitcoin derivative product that you're selling as not volatile but it will be in any event of market stress, maybe less so than bitcoin but still volatile because it is expressly and inextricably linked to bitcoin and bitcoin adoption. When the bitcoin price goes down significantly, there will always be an incentive to sell your preferred and buy bitcoin because the market interest rate of bitcoin has reset higher when it declines. And related to that is why there's no real long term holder basis for the preferreds (it's a temporary holding pen for everyone) but it does create a permanent capital base for your corporation, if you can sell it. Rather than help people understand bitcoin and manage volatility very logically with an allocation to bitcoin that mutes its volatility, you want people to buy your corporation's stock. And the piece about bitcoin payments is a misnomer. It's a spend vs. save dilemma and spending bitcoin is downstream from someone first coming to understand why bitcoin stores value. But you do not have an incentive in that because you're just trying to justify people buying your corporate stock rather than bitcoin. I'd encourage you to be introspective and to read this piece on volatility to reconsider your rationalization.

The narrative “Bitcoin is volatile because it’s being adopted as new money” is not concrete. Could it be true? Sure. But, it could also not be. Hence, why Saylor is taking the initiative to build products people are comfortable with NOW. Waiting 20-30 years for Bitcoin to maybe be universally money isn’t wise. A lot can happen in that period of time and without actually working to bring products people really want means that those same people may never embrace Bitcoin period.

No, it's objectively true. Think about the praxeology of adoption. Consider the psychology of a single individual adopting bitcoin, buying bitcoin for the first time and then taking that individual out into the future, every buying decision. Every doubt, every incremental piece of knowledge that forms as a function of time that can't exist in the absence of it. Every person that panic sells vs. the one that instinctively steps in to catch the falling knife. Or if you don't want to think about it, just ask the AI if I'm right. Don't just rationalize a preferred stock.

@CJ_Bitcoin @mattkratter @LaHvaSomSkjer Adoption of Bitcoin doesn’t mean it’s being adopted as money. It could be adopted for many reasons.

@BitBrew1 @parkeralewis @CJ_Bitcoin @LaHvaSomSkjer Will miners continue to secure the chain if what they're being paid is no longer money?

Michael Seller

Mathew Krapper 💩

They will never be a net seller 👍

Yes, he did move the goal posts recently, didn't he

as he stated, "never be a net seller" isn't as catchy haha but yea that's what he meant to say 👍

@mattkratter But he outright fucking lied, instead of admitting they changed their approach recently

@mattkratter if he can buy more btc by selling a bit to cover a dividend, thus still being a massive net buyer, is he really changing the approach?

Why he just can’t say they change their mind why do people feel the need to lie and double down

LOL😂 Is there any human being exist really believe that he was never selling highs and buy lows behind the scenes to make profit?

What a fucking let down, he was the adult in the room that people wanted to trust, nothing is worse than this. He destroyed trust.

I've listened to prob 200+ hours of Saylor's interviews and conference talks and he's promised over and over MSTR would never sell btc. Not only that, he often mentioned that consistency here was critical for credibility and shareholder confidence

his own public self-description is dishonest

mikal sellor

Ok now you’re just engagement farming at this point. Go touch grass and eat some steak for crying out loud.

You don't think it matters if the founder and chairman of a publicly traded company makes a brazen lie in public?

Wow he said he won’t sell bitcoin and then he sold 32 bitcoin and then bought 1500 bitcoin the next week. Amazing you do realise the strategy in business changes from time to time right? You do realise that bitcoin is to be bought and sold that’s called transacting in bitcoin. You’re relentless attack on people that don’t believe exactly like you just shows the level of your intellect.

Dear @mattkratter , I’ve been a regular viewer of your videos, but at this point I think you’re crossing the line and you acting like he did something to you in school lol Bitcoin is for everyone you’ve said that yourself in many times. Strategy is a publicly traded company, and as far as I know, Michael Saylor has never sold his Bitcoin. He has also never told people to buy MSTR or STRC instead of Bitcoin. In fact, he has consistently encouraged Bitcoin adoption more than anyone. In my opinion, he has contributed far more to the Bitcoin ecosystem than most people ever will. So please leave the personal attacks aside. By constantly targeting Strategy, it feels like you’re indirectly attacking Bitcoin itself simply because the company has become too influential to ignore.

You’ve got to be kidding, right? He does nothing for adoption? How many people through his instruments have exposure to bitcoin? And you’re going to say that it’s exposure to MSTR but it’s still indirectly exposure. WHAT PRICE DO YOU THINK IN BITCOIN WILL BE NOW IF IT WASN’T FOR MSTR?

But you're just twisting his words 360 degrees so that he means exactly what he's saying!

Ouch.

He was a never seller but then he watched your video and decided to sell:

Smart and wise people do change their minds you know. Bayesians—they update their beliefs and mental models. To call Saylor a liar makes you seem… childish and foolish.

@saylor @strategy 👀