Noticing lots of salt on twitter about $MSTR.
I think it’s exposing a divide between people who are first gen savers/investors vs. people who come from white collar backgrounds.
Most children of the professional class were taught to minimize tax and take advantage of tax advantaged investment vehicles.
When these types became Bitcoiners they aped their Roths and 401k’s into bitcoin stocks like $MSTR
Those from a blue collar background are more distrustful of institutions and legal structures and so didn’t have any money stuck in retirement accounts to begin with.
So for them no reason to buy $MSTR over spot bitcoin.
When microstrategy started outperforming and people were celebrating on twitter it made the latter group feel salty.
Just an observation. I can get into the specific pros and cons of having a bitcoin retirement account vs not having one if anyone is curious.
There are pros and cons for both sides.
HODL
npub1rt…djtfs
2024-03-15 13:19:29
Author Public Key
npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfsPublished at
2024-03-15 13:19:29Event JSON
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