STRC, SATA and the onset of digital credit
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Can anyone see the similarities between STRC/MSTR and UST/LUNA?
Both were supposed to remain stable at a certain value ($100/$1).
UST was backed by confidence in LUNA.
STRC is backed by confidence in MSTR.
It’s not possible to create a stable liability supported by a volatile asset, with yield used to manufacture demand, and market confidence doing most of the work.
Both were supposed to remain stable at a certain value ($100/$1).
UST was backed by confidence in LUNA.
STRC is backed by confidence in MSTR.
It’s not possible to create a stable liability supported by a volatile asset, with yield used to manufacture demand, and market confidence doing most of the work.
MicroStrategy is light-years behind Snowflake, Databricks, Google, Microsoft, and the rest.
Having worked with quite a few enterprise clients, I have yet to see anybody actually using their platform. But the ones I mentioned? They're running everywhere. If you put those vendors in a job search, you'll see 100x more jobs for those platforms.
A lot of this investment stuff just comes down to people hoping they can dump their shares on somebody else later. They buy with the idea that there's a bigger fool waiting at the end. If that's fine with you, okay.
A FOAF invested with this "exceptional trader" who doubled his money twice. Even after those wins, he never put more money in. He saw what was coming, pulled back, and sure enough the "gifted trader" eventually GTFO with a ton of people's money.
Make money off greedy people, not off greed.
Yeah, that’s true.
Sounds more like a real ponzi 😁
The big problem is that STRC=Ponzi, and the narrative goes that STRC/MSTR=btc
well... this is an ultimate stress tests
the lower the price the more attractive it is - because the dividend is cumulative and it should/will go back to $100... or it will not 😉 fun to watch either way
the company has tremendous reserves of BTC and has obligations towards the STRC holders with huge implications for MSTR - no need to be worried about the dividend from STRC... MSTR is another story, bitcoin on steroids
Of a “strategy” created by GPT 3, by Saylor’s own admission 🤣
This is what irresponsible use of AI leads to.
Which will be forced to sell, thus driving the price lower etc.
It is not sustainable, unless BTC value continues to rise without retracements, which is impossible. Eventually, it must fails, it doesnt matter if btc is at $10k, $100k or $10m.
it's just catchy marketing, they are no idiots
the dividend can be postponed as a last resort solution, they will hardly sell anything significant - let's see
they literally need to survive next 4-5 months
No, it’s what he said with his big mouth.
Saylor already proved otherwise. See the past performance of his company when it used to only sell software.
Much more brilliant minds have failed before with less idiotic strategies.
It’s not up to them to decide. The market will decide if they must die now or later. Or some judge. Or the SEC/CFTC.
Meanwhile STRC is at $80. Looks like the market decided it must die now.