I think everyone is looking a Saylor the wrong way.
Dude is a Bitcoiner- he's trying to get as much Bitcoin as he can. That's what we're all doing. He's just way better at it than the rest of us.
From what I can see he's like, "why aren't more people doing this?" and then like, "well ok, guess I'll just keep getting all the Bitcoin."
You can have opinions about whether Strategy is good for Bitcoin or not, but the truth is, all we need is more people like him- just trying to get as much Bitcoin as they can.
The conversation about what role Bitcoin has in the current world economy is basically pointless.
Bitcoin doesn't have a role in this system- it is a new system, and it works better on it's own.
Bitcoin bonds, digital credit, pristine collatera, etc. are all descriptions of two conflicting systems being forced to interact.
While this interaction is inevitable as bitcoin matures, I don't see a harmonious union, I see the emergence of incongruous conditions which will need to resolve to one side or the other.
I know which side I'm betting on.
There are two types of bitcoiners- those who think bitcoin will flourish as part of our current system, and those who think it will devour everything in it's path and leave nothing that we now think of as "finance" alive.
Choose your side carefully.
I just got this feeling of excitement because I realized that all narratives that we have been using to try to make sense of the BTC price action are broken or in the process of breaking. Anything could happen, hold on to your hats.
The correlation between bitcoin and software stocks is so weird. I feel like they should be negatively correlated if anything. Is this just a sign of how misunderstood btc is and how early we are?