Imagine how annoyed Saylor was that decades ago he didn’t name his company with a B included in the name.

I said something along the lines of this a while back. Micro Strategy now Strategy will eventually become a Bitcoin holding company almost a bank or a Bitcoin strategic holding company. They should've of picked a better and easier name.

Wow indeed

Like ₿itcoin $trategy — ₿$ 😁

I'm wondering if they'll move into loans in the future?

Good that it is not "Tragedy"

I bet they will. Part of me wonders if they'll move in the insurance business as well. Bitcoin being the best collateral would make them a juggernaut in that market.

Essentially, yes 🤣

Yes. Absolutely. They will do everything possible to make money, after all they are a public corporation so they will do all the normal moves that public corporations make. As the global financial system callopses Strategy will might have to sell some of their physical assets and even some of their Bitcoin but they will come out ahead of the other corporations who never accumulated Bitcoin. The thing is as Bitcoin becomes the dominant global system loans will slowly become a thing of the past. Bitcoin makes loans and debt obsolete. But that doesn't matter Strategy will just adapt as Bitcoin takes over the world. I think eventually they will just become a Bitcoin custodian for corporations, business, government and maybe countries. The world will need companies to custody Bitcoin for them and taking custody of Bitcoin of your own Bitcoin is risky and you have to know what you are doing.

I don't think loans ever go away. People need money for houses, cars, unforseen expenses, etc. loans will always exist. The problem with loans is fractional reserve banking and an increasingly growing money supply.

Next will be MacroStrategy

Loans have always existed, but they were never widely available to the average person buying everyday items. For example, loans became more accessible after the USA decoupled from the gold standard, which allowed more people to buy things like cars. Before that, how did people buy a car? Well, they had to walk to work, ride a bike, or take the bus for YEARS, saving up for a purchase. Once we transition to a Bitcoin standard, we’ll be returning to this system. The days of easily buying cars, houses, pizza, and clothes on credit will be behind us. I’m in Canada, and life here is much easier compared to other countries because we can access credit for things like cars or clothes. But many countries still don't have that option. It’s hard to imagine having to walk to work or ride a bike for years just to save up for a car in Western countries, but I believe this will happen no matter how hard companies try to keep the loan system going. Credit has made many people in the West selfish and less mindful about saving. The culture here isn’t about saving—it's about spending on credit. You know those grandpas who say they had to walk miles to school or work? Well, we might be heading back to that. Loans will still exist, but they will be reserved for big purchases or companies, not for the average person. The "good days" of easy credit are over, and I support this shift. That’s why I believe in Bitcoin: it will push people to work harder, lose weight, and learn to value money.

How would bitcoin make loans and debts obsolete ? What would prevent banks to lend bitcoin or bitcoin derivatives ? There will always be people or entities in need for upfront cash to launch businesses, won't there ?

Oh you were already talking about that in the moment between my thinking and my post :-) Still doubtfull though

The core idea is that Bitcoin is a deflationary asset, and its fixed supply means there's no central authority that can inflate or create money. This limits the ability of banks to issue loans the way they currently do, based on fractional reserve banking, which relies on the ability to create more money. In a Bitcoin standard, lending would likely shift toward a more direct, collateralized model. This would make loans more tied to real, existing value and might lead to more responsible lending practices. In a Bitcoin system, this could encourage more people to save and invest responsibly, knowing that the purchasing power of their money is more stable. Borrowing could still happen, but it would likely be less leveraged and more sustainable since the cost of borrowing would reflect the true value of Bitcoin. Bitcoin's decentralized nature means it's harder for banks to control lending the way they do with fiat currency, which could lead to less reliance on debt and more emphasis on sustainable, responsible finance. You guys need to research the early 1900's because that's where we are heading especially since Trump is on his way to removing the IRS & FED. The good times are over for people who love borrowing money.

Same question more precisely : how and why transitioning to a bitcoin standard would make us return to the old system you describes ?

because the old system was based on the Gold standard which is sound money. and Bitcoin is a sound money system. So the world will run on sound money again. The fiat system which is not sound money will die.

Thank you. But this would require to end or seriously limit the abbility to use fractionnal reserve. And how would bitcoin do that ? As long as there are major financial institutions with enough trust from people, I see no limit in loans. (Micro)Strategy could one day lend 100x their bitcoin reserve in any new bitcoin-backed coin. Or I am missing something ?

Bitcoin will end fractional reserve banking. Bitcoin will replace the fiat banking system. What you need to do is research and read up on what is sound money and how sound money works. You need to understand how the old system works in order to understand how Bitcoin works.

I do read a lot about it. Still, I didn't find any direct "law" that says "sound money ends fractional reserve" nad why. If you have any precise resource to share about this, I would be happy to read even more ;-)

Of course I understand that if everybody use only sound money, fractional reserve could not exist. But my point is that even if bitcoin becomes the main currency of the world, it might be the reserve currency, just like gold has been. So more precisely, what would prevent bitcoin to become a reserve currency ? If at some point it is hard to get, because it is limited, most people may want to use alternative currencies, and we would be back to the same cycle again. I do not see anything preventing it from happening.