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Everyone is talking about $STRC
It’s great and all
But no one wants to talk about its limits and risks
What happens when:
1: MSTR NAV drops to 1
2: STRC float is in the billions
3: The cash MSTR put aside to make these payments is low
I see where Saylor is coming from - like real estate the price has been up only for 200 years in major centres of commerce - he believes it’s the same for Bitcoin
If you apply those lens — you just need to buy time and hopefully lenders will refinance over and over again until Bitcoin is back up
Just like the housing markets globally
Jury’s out if the rest of world believes in that thesis
You got to respect a man, his ambition and conviction - but manage your own books and risks because those assumptions are a work in progress in this ADHD attention focused economy
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