Thoughts on this ? Not able to put a finger to it but this seems unsettling #Thoughts #put #finger #unsettling


Feelings on this ? Not equipped to place a finger to it but this appears to be unsettling

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Comments (46)

  • shortda59 Reply

    when folks didn’t believe in btc, saylor bought

    when folks written btc off as a meme, saylor bought

    when folks called btc internet magic money, saylor bought

    when btc when prices of btc were at it’s highest, saylor bought

    in this bear market as liquidation occurred from over-leveraging across several centralized exchanges plummeting btc, we laughed at saylor as micro strategy under-went liquidation….saylor remained calm, sold shares of micro strategy and bought

    so nope, you and i had/have our chances to buy btc so there’s nothing unsettling about it. as the gov’t continue to fight btc and crypto in general, saylor’s conviction for btc hasn’t wavered and he will continue to buy. let that be your signal to follow, or not, your choice. but nothing unsettling here. this is as democratic as it gets.

    September 21, 2022 at 5:08 pm
  • Class_war_soldier69 Reply

    Invest in micro strategy stock an you become a part owner of the company and its assets

    September 21, 2022 at 5:08 pm
  • HodlOnToYourButts Reply

    What’s more unsettling is that people have grown up in a world where a free market is unsettling.

    Let them stack sats.

    September 21, 2022 at 5:08 pm
  • Pakpakpaka Reply

    Thats “only” 116. If you don’t calculate with the lost wallets and lost BTCs

    September 21, 2022 at 5:08 pm
  • Spy008 Reply

    Most of the worlds wealth (gold, stocks, etc) is held by a few (Blackrock alone holds ~10 trillion in assets). No difference between bitcoin and other assets. If anything its a sign the bitcoin is starting to mature and will become less volatile overtime (funds/companies/governments tend not to panic sell)

    Edit: As a side note, not really a big fan of this guy.

    September 21, 2022 at 5:08 pm
  • MarshallLore Reply

    How will it become a world currency if all the tech bros and hodlers hodl it all?

    Plus it seems very susceptible to manipulation by big hodlers.

    Seriously where is the incentive for average people?

    There would be riots

    September 21, 2022 at 5:08 pm
  • Hospitaliter Reply

    Wait until you find out how the fiat system works

    September 21, 2022 at 5:08 pm
  • VividSupermarket1796 Reply

    Meet the future king of the world.

    September 21, 2022 at 5:08 pm
  • Xaqaree Reply

    How come no one is unsettled that the Federal Reserve effectively owns 1 out of every 1 US dollar?

    September 21, 2022 at 5:08 pm
  • Raverrevolution Reply

    LOL It’s funny that people are more alarmed about this, but not that the US government makes thin air money on demand and distributes it to anyone they want without your permission.

    Why aren’t there riots for that? Oh yeah, because the leaders will do everything in their power into tricking you to believe that they’re making benevolent moves. All you guys are eating it right up.

    September 21, 2022 at 5:08 pm
  • RookXPY Reply

    I want to make a correction on that thinking because it is stated in a rather disingenuous way. Microstrategy is not a private company, it is a publicly traded company therefor the shareholders own 1 out of every 161.5 BTC that will ever exist.

    The US government has made it very difficult for institutional investors to add crypto because it threatens the Central banking system that the FED is the biggest part of. So Saylor saw an opportunity to make it available to them and took it. I think it is brilliant.

    September 21, 2022 at 5:08 pm
  • Jay_Zano Reply

    It does send a little bit of an alarm with one company owning so much but at the same time he is working hard every day to share his knowledge of BTC. He is a huge advocate for this space and I am thankful for him.

    September 21, 2022 at 5:08 pm
  • Constant-Ad9398 Reply

    I don’t think he plans on keeping it all for himself, probably has big plans on how to spend it when adoption evolves further. Having that absurd amount of money and not spend it would be pointless. Probably will build alot of industries, businesses, schools, charity etc.

    September 21, 2022 at 5:08 pm
  • Junkyard5000 Reply

    So he will be worth a little over 1 quadrillion when BTC becomes the world reserve currency.

    September 21, 2022 at 5:08 pm
  • donaudelta Reply

    At this point it’s just senseless. It’s not being rich but being out of reality.

    September 21, 2022 at 5:08 pm
  • AugustusCarp85 Reply

    Decentralised.

    September 21, 2022 at 5:08 pm
  • bobbyv137 Reply

    Is it a good thing? No.

    Do we all wish we had that many? Yes.

    Will he/the company hold them ‘forever’ as they claim they will? Probably not.

    September 21, 2022 at 5:08 pm
  • Familiar-Water2251 Reply

    When dividends?

    September 21, 2022 at 5:08 pm
  • gvictor808 Reply

    Bullish AF on MSTR. This is simple chess, and seeing the angle here is only seeing three or four moves out. Buy BTC or buy MSTR and when it clicks into place, hang on tight!

    September 21, 2022 at 5:08 pm
  • Semmcity Reply

    Saylor seems a bit unhinged…not a particularly hot take. I’d like for more sane and down to earth people to start being representatives of BTC. Less ideologues and more relatable.

    September 21, 2022 at 5:08 pm
  • Calligrapher-Extreme Reply

    Definitely not a fan of this.

    September 21, 2022 at 5:08 pm
  • anax4096 Reply

    it will be interesting when the activist investors come for microstrategy

    September 21, 2022 at 5:08 pm
  • canewsin Reply

    Too much deflation doesn’t create value, If only 100 millionaires owing 1/100 th part, doesn’t increase it’s value, value is pumping because someone wants to buy at that price wants to sell for profit, until BTC lies in considerable hands of traders it’s value will increase.

    September 21, 2022 at 5:08 pm
  • fibla Reply

    It certaintly dont feel like a good thing..

    September 21, 2022 at 5:08 pm
  • nezekorev Reply

    You cant create a global currency if its is dominated by one entity

    September 21, 2022 at 5:08 pm
  • burningmuscles Reply

    Aside from accruing Bitcoin does Microstrategy actually provide services or build products or software? It does not seem to clear to me.

    September 21, 2022 at 5:08 pm
  • Philbot_ Reply

    If I understand his maxi perspective correctly, he’ll never sell it outright and will always buy the top.

    The only utility he intends to gain from owning Bitcoin is the ability to collateralize it to fund other ventures that offer higher risk/reward than simple future value ownership of the Bitcoin itself.

    If the Microstrategy Board and Saylor stick to that, the only way they will part with these Bitcoin is if those ventures fail and force a liquidation of the Bitcoin. So while much caution will certainly be exercised, he clearly intends to have an abundance of Bitcoin so that ostensibly he could pick extremely risky ventures that are worth trying, even if they do fail. What does that list of opportunities look like for Saylor?

    You have to imagine that even if misguided in some sense, they will involve some sort of altruism and inevitably involve technology – but perhaps that’s naive.

    So will it be region-level sustainable infrastructure for large scale populations and space exploration? Or automated private prisons, drone assassins, and mass media thought control?

    Exciting times.

    September 21, 2022 at 5:08 pm
  • Kurupt-FM-1089 Reply

    Isn’t Microstrategy publicly traded? That would mean many investors own a portion of the 1/161.5 slice.

    September 21, 2022 at 5:08 pm
  • brandonjoncas Reply

    Buy more to continue decentralization

    September 21, 2022 at 5:08 pm
  • SethSt7 Reply

    If the downward price trend continues, might as well donate all our bitcoins to mike and let him have it all. It seems to make him happy.

    September 21, 2022 at 5:08 pm
  • Sovjetsex Reply

    He’s addicted on buying bitcoin

    September 21, 2022 at 5:08 pm
  • bmoreravens4tw Reply

    And they are going to own a lot more in the coming years

    September 21, 2022 at 5:08 pm
  • BurlBukowski Reply

    Well if Bitcoin collapsed they’d be first to go or inversely they will own the world.

    September 21, 2022 at 5:08 pm
  • GUNTHVGK Reply

    Dudes whole strat is buying BTC what are u unsettled about

    September 21, 2022 at 5:08 pm
  • 3DprintRC Reply

    Rich people will always be able to get more. Bitcoin can’t fix this.

    September 21, 2022 at 5:08 pm
  • Efficient_Drummer733 Reply

    He sees the big picture

    September 21, 2022 at 5:08 pm
  • parishiIt0n Reply

    Some people complaining smh. He will certainly put some bitcoins back into circulation as the price enters another halfing cycle. Imagine a Microstartegy Real State branch. Time will how he will use that capital. And if he hodl the rest, it just increases the price of all the other tokens in circulation

    September 21, 2022 at 5:08 pm
  • skeptimist Reply

    The biggest bag holder

    September 21, 2022 at 5:08 pm
  • excelance Reply

    Why is it unsettling? If you understand the Pareto principle, you see it everywhere in nature. It’s only humans that try to rearrange nature.

    * Over 80% of the mass of our solar system is contained in less than 20% of the bodies
    * Over 80% of human population is contained in less than 20% of cities
    * Over 80% of internet traffic goes to less than 20% of websites
    * Over 80% of federal taxes are paid by less than 20% of people
    * And yes, likely more than 80% of Bitcoin are owned by less than 20% of people.

    September 21, 2022 at 5:08 pm
  • Blom-w1-o Reply

    This is a fundamental problem with bitcoin. The wealthy will acquire the majority of it before it’s normalized in society.

    September 21, 2022 at 5:08 pm
  • gubatron Reply

    Long live the free market, unsettling my a$$

    September 21, 2022 at 5:08 pm
  • ryancalavano Reply

    No half measures for Saylor that’s for sure.

    September 21, 2022 at 5:08 pm
  • BusinessBreakfast3 Reply

    Buy today and you’ll have a lower average price than his

    September 21, 2022 at 5:08 pm
  • vertexsalad Reply

    When he owns all bitcoin, it’ll be worthless.

    September 21, 2022 at 5:08 pm
  • LiveAwake1 Reply

    Extreme concentration of power (financial, political, military) is generally not a good thing. This is just one more case.

    September 21, 2022 at 5:08 pm
  • Pinky_DLobster Reply

    I don’t find it unsettling at all, in fact quite the opposite. MSTR have already proven that they have diamond hands and titanium balls, I’m super happy to have them on our side tbh. Unlike the other companies who have pumped and dumped Bitcoin during the bull market, these guys seem to be committed for the long term, and that’s exactly what Bitcoin/Bitcoiners need to happen. This action only reinforces my own conviction during a trying time. 10/10 big dog Saylor 👊🏻

    September 21, 2022 at 5:08 pm

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