PCT: First We Have Weird BTC Then Weird $MicroStrategy(MSTR)$ v10.0 :
PCT = Pandas Coffee Talk.
If you have difficulties understanding crypto like BTC. Try to understand MSTR business model.
BTC is mirrored on to gold physical assets. Gold is fixed quantity physical assets entity on EARTH. BTC is fixed quantity digital assets entity. There is no functional value for gold metal except storage of value. There is no functional value for BTC electrical 1 & 0 except storage of value. That is easy to understand.
Wait till you hear MSTR business model. MSTR is a company that hold 170000BTC me thinks. It will use her BTC holdings as a bank collateral to borrow bank loans & issue shares & bonds to buy more BTC. With more BTC. That's is right. You hear me right. With more BTC. She can use her more BTC holdings as a bank collateral to borrow more bank loans & issue more shares & bonds to buy more BTC. She will not sell BTC just buy more & more. You buy into her business model. You buy her shares & own parts of the growing numbers of BTC. BTC will never be owned by shareholders. You just own part of her business model.
Me RickPANDA is having a splitting BBA headaches to understand MSTR business model. We create uncontrollable BTC. Now this kind of business model. But what the heck. Me earned +10% from last nite holding 1000.00USD. May be don't think too much is the key to eat foods on this planet called EARTH.
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