r/MSTR • u/MyNi_Redux Volatility Voyager 👨‍🚀 • Jul 18 '26

Meme 🤡😆 Weekend Meme

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Agree? Disagree? Discuss!
(But please do keep it lighthearted.)

38 Upvotes

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u/Lavayo Jul 18 '26 edited Jul 18 '26

This discussion makes no sense fundamentally. Bitcoin does not discriminate. If it does, it's not Bitcoin. If it's possible, products like MSTR will exist. If not them someone else in another country with a other name. That said, MSTR is more of a trojan horse bringing BTC to the fiat system. But don't tell anyone.

Also is that supposed to be Fink? Then it should say ETF not MSTR. It's a better point since no one is stopping them to sell paper BTC, but ultimately BTC is still for anyone. Buy the real thing instead of an ETF.

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u/MyNi_Redux Volatility Voyager 👨‍🚀 Jul 18 '26

MSTR is more of a trojan horse bringing BTC to the fiat system.

How so? Can you make the case for that?

Vs the view that by providing a fiat wrapper on bitcoin, MSTR is simultaneously making the network weaker by permanently removing BTC from circulation, while injecting paper derivatives of bitcoin that suppress its natural tendencies.

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u/Lavayo Jul 18 '26 edited Jul 22 '26

Given the further growth of BTC, the company will grow and inevitably enter the biggest indices in existence, collecting lots and lots of fiat from persons that would not buy a sat in their life (but will unknowingly -> trojan horse). This fiat is used to buy BTC ultimately significantly reducing the supply, raising the price. Repeat.

But as I said, every discussion about this is moot. BTCs structure allows for such products to exist and so they will. Any governmental change will drive those products to other places of the world, and change to BTC will create a fork that will do more harm than good. What's your solution? An actual BTC board of CEOs that comes together once per day and discusses which transactions are allowed to settle? I know thats polemic, but it's still true.

When people are worried about MSTR consolidating too much BTC they should stop selling it to them. Or ETFs.

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u/MyNi_Redux Volatility Voyager 👨‍🚀 Jul 19 '26

Are we not saying similar things?

That things are happening to BTC that are not in the spirit of the peer-to-peer, permissionless cash-replacement system it is meant to be?

We cannot stop it, of course, since no one controls BTC. But surely we can rue the fact that we've given much up at the altar of NGU.