For the $MSTR people, help me out with some stupid questions:
As I understand it, the $MSTR strategy ends when fiat is worth the same as sea shells and no one will sell their Bitcoin to saylor (npub15dq…lm5m) for them anymore.
What I'm not clear about is how to convert $MSTR to Bitcoin at that point? Or even leading up to that point? Why would anyone part with their Bitcoin after the strategy is played out?
And if those holding $MSTR then can't offload their stock for Bitcoin, yet $MSTR holds vast amounts of Bitcoin it will never sell, will that make $MSTR a currency?
Is $MSTR the Amsterdam Wisselbank of Bitcoin? Could it inflate the supply by issuing stock? Is this how Bitcoin becomes the reserve for a new fiat called $MSTR?
Perhaps these are moronic questions, but I'd love some serious answers 🙏
Erik Dale
npub1xt…k8zsj
2024-11-19 17:19:10
Author Public Key
npub1xtdq63g34t3zd3c5ahfc65v7y6pyfu630zl2u86nwlfc7rlhw3pqek8zsjPublished at
2024-11-19 17:19:10Event JSON
{
"id": "7da3e6c90efad06b7c2599b35e4b873f9cd5a346a30b2653400bd3634a110ba5",
"pubkey": "32da0d4511aae226c714edd38d519e268244f35178beae1f5377d38f0ff77442",
"created_at": 1732036750,
"kind": 1,
"tags": [
[
"p",
"a341f45ff9758f570a21b000c17d4e53a3a497c8397f26c0e6d61e5acffc7a98",
"",
"mention"
]
],
"content": "For the $MSTR people, help me out with some stupid questions:\n\nAs I understand it, the $MSTR strategy ends when fiat is worth the same as sea shells and no one will sell their Bitcoin to nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m for them anymore.\n\nWhat I'm not clear about is how to convert $MSTR to Bitcoin at that point? Or even leading up to that point? Why would anyone part with their Bitcoin after the strategy is played out?\n\nAnd if those holding $MSTR then can't offload their stock for Bitcoin, yet $MSTR holds vast amounts of Bitcoin it will never sell, will that make $MSTR a currency?\n\nIs $MSTR the Amsterdam Wisselbank of Bitcoin? Could it inflate the supply by issuing stock? Is this how Bitcoin becomes the reserve for a new fiat called $MSTR?\n\nPerhaps these are moronic questions, but I'd love some serious answers 🙏",
"sig": "e9ba0f23c12321533abb7372286da055e3d2d110c948e6082751100cc389ca20bd76d74fbac2eb2be80d716c7e47c908ce73c7b3aa9e8045dc8251f9a9a3e084"
}