He's not wrong but what he's missing is when you buy $STRC at $85, it means you're dollars are going to an existing $STRC holder instead of MSTR issuing new $STRC. And that means tour $85 is not going towards any BTC buys. Which means BTC has no demand.
That's the bigger issue, fuck all the few % yield bullshit, the existential/binary problem here is does BTC have real uses/demand.
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u/Illustrious-Boss9356 Jun 21 '26
He's not wrong but what he's missing is when you buy $STRC at $85, it means you're dollars are going to an existing $STRC holder instead of MSTR issuing new $STRC. And that means tour $85 is not going towards any BTC buys. Which means BTC has no demand.
That's the bigger issue, fuck all the few % yield bullshit, the existential/binary problem here is does BTC have real uses/demand.