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#microstrategy

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2/ In other "crypto scammers visiting El Salvador to immanentize bitcoin fascism" news, #MicroStrategy CEO Michael Saylor, the man who owns more bitcoin than anyone (much of it bought with borrowed money in what will probably turn out to be history's largest pyramid scheme) flew to San Salvador to visit Bukele on February 13th.

cryptobriefing.com/bitcoin-mee

Crypto Briefing · El Salvador's president Nayib Bukele meets with Michael Saylor to discuss BitcoinNayib Bukele and Michael Saylor discuss Bitcoin in El Salvador amid regulatory changes affecting its legal tender status.

Good overview of the insanity that is #MichaelSaylor's "buy billions of dollars worth of bitcoin with borrowed money" approach to financial engineering.

> "If #MicroStrategy's strategy is so brilliant, why isn't every company doing it? Should Apple stop making iPhones and just convert its cash to Bitcoin? Should Coca-Cola abandon soda production and become a Bitcoin holding company?"

basedtoschi.substack.com/p/ins

Based Opinions · Inside Microstrategy's Bitcoin PyramidBy Based Toschi
#finreg#MSTR#STRK