People who understand Bitcoin were aware of these types of situations well before any company, Wall Street, or government entered the space. We appreciate bitcoin for the FREEDOM FACTOR. Saylor is FREE to buy as much as he wants, let's not stop appreciating free markets now just because somebody is a more effective free market player than we are.
Pets compare, there's 2.35 tn Dollars in circulation. 2% of that is 47bn. There are at least six known individuals holding a higher percentage of the available dollar:
Jeff Bezos: $113 billion
Bill Gates: $98 billion
Bernard Arnault & family: $76 billion
Warren Buffett: $67.5 billion
Larry Ellison: $59 billion
Amancio Ortega: $55.1 billion
Mark Zuckerberg: $54.7 billion
But then again, the 2.35 will always be growing...
It's stunning that one company now holds 2%. In one sense, it doesn't sound like a lot: 2% in other contexts is a rounding error. A 2% tip would be an insult. But zoom out and it's crazy: Out of the millions of companies in the world, a max theoretical limit of 49 could ever match Saylor--and that's assuming no lost coins, no nation state adoption, full capitulation of all diamond hands, etc etc. One formerly obscure company now owns 1 out of every 50 coins by pursuing a strategy that anyone else can copy. And they aren't slowing down! We are not bullish enough.
He should hold as much as possible. MSTR will be able to offer products, like mortgages backed by BTC, acquire other blockchain or digital service companies in the future with issuing ATMs and Dept…..there is no limit after BTC supply is distributed
Nope MSTR is smarter than most companies just taking advantage of the crypto revolution
People who understand Bitcoin were aware of these types of situations well before any company, Wall Street, or government entered the space. We appreciate bitcoin for the FREEDOM FACTOR. Saylor is FREE to buy as much as he wants, let's not stop appreciating free markets now just because somebody is a more effective free market player than we are.
So Saylor holds 2% of Bitcoin. Is it too mich?
Pets compare, there's 2.35 tn Dollars in circulation. 2% of that is 47bn. There are at least six known individuals holding a higher percentage of the available dollar:
Jeff Bezos: $113 billion
Bill Gates: $98 billion
Bernard Arnault & family: $76 billion
Warren Buffett: $67.5 billion
Larry Ellison: $59 billion
Amancio Ortega: $55.1 billion
Mark Zuckerberg: $54.7 billion
But then again, the 2.35 will always be growing...
The post teases a take but is just Qs. Sad. What do you actually think
It's stunning that one company now holds 2%. In one sense, it doesn't sound like a lot: 2% in other contexts is a rounding error. A 2% tip would be an insult. But zoom out and it's crazy: Out of the millions of companies in the world, a max theoretical limit of 49 could ever match Saylor--and that's assuming no lost coins, no nation state adoption, full capitulation of all diamond hands, etc etc. One formerly obscure company now owns 1 out of every 50 coins by pursuing a strategy that anyone else can copy. And they aren't slowing down! We are not bullish enough.
He should hold as much as possible. MSTR will be able to offer products, like mortgages backed by BTC, acquire other blockchain or digital service companies in the future with issuing ATMs and Dept…..there is no limit after BTC supply is distributed