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Michael Saylor was asked on CNBC if Strategy is just a Ponzi scheme. His answer: "Just like developers in Manhattan issue debt to buy more real estate. That's why buildings are so tall. It's been going on for 350 years. I would call it an economy." Strategy just bought...

31,181 次观看 • 5 个月前 •via X (Twitter)

18 条评论

John 的头像
John5 个月前

In real estate economy underlying asset has proven utility with broad consensus regarding value. In $Strategy economy underlying NGU🤞🏻tech powers a novel and yet to be stress tested “flywheel” market mechanism🙏🏻 Saylor’s $STRC prospectus says scheme is “inherently uncertain.”🤞🏻

Chris Battle 的头像
Chris Battle4 个月前

Saylor’s answer is a Systems Dynamics argument in plain English. Debt-funded accumulation of a appreciating scarce asset is a reinforcing feedback loop — the more you accumulate, the stronger the case for accumulating more. Manhattan developers have been running that loop for 350 years because land is scarce. Strategy is running the same loop on the scarcest asset ever created. This isn’t a Ponzi. It’s a structure. I’ve written about why Saylor understood this from MIT long before 2020:

OX Capital 的头像
OX Capital4 个月前

except real estate has actually use and value, bitcoin is nothing.

agablis 💧 的头像
agablis 💧4 个月前

Nice!…glad to see you back at it @hurleyburt

Sheri Snow Powers 的头像
Sheri Snow Powers5 个月前

fiat = ponzi

Cade Bergman 的头像
Cade Bergman5 个月前

He’s very good at simplifying the narrative.

Bubiw 的头像
Bubiw5 个月前

We are not bullish enough 🍊

ryan herrmann 的头像
ryan herrmann4 个月前

Ya but BTC is nothing near being real estate.

BTC Optioneer 的头像
BTC Optioneer5 个月前

Saylor understands that Bitcoin adoption can’t happen without Wall Street involvement.

BTC.HODLer- ∞/21M ⚡ 的头像
BTC.HODLer- ∞/21M ⚡4 个月前

Excellent video.

Adam - SatDollarParityMaxi 的头像
Adam - SatDollarParityMaxi4 个月前

If I was invested in $strc I would be worried about bitcoin going on an insane bull run and everyone selling $strc to buy bitcoin. The stock could go no bud and you are holding worthless paper.

Josip Rupena 的头像
Josip Rupena4 个月前

👀 Interesting answer

Luigi Valentino 的头像
Luigi Valentino4 个月前

He’s back! Not on swan anymore ?

Myntis 的头像
Myntis5 个月前

He’s framing it as a classic playbook, using leverage to accumulate a scarce, high-conviction asset. That’s how entire asset classes have been built over time. When conviction meets capital at scale, outcomes can compound fast.

Adam - SatDollarParityMaxi 的头像
Adam - SatDollarParityMaxi4 个月前

The tokeniztion on top of $strc seems like such a bad idea.

Jasans 的头像
Jasans4 个月前

Real State = well, real Bitcoin = less than vapor

Adam - SatDollarParityMaxi 的头像
Adam - SatDollarParityMaxi4 个月前

I do agree that sound money will help with wealth inequality.

🌐 ᵗᵉᵐᵖˢ 的头像
🌐 ᵗᵉᵐᵖˢ4 个月前

Wrong, you can collect your dividend as Bitcoin, as per the website states. So you can take it with you.

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