Michael Saylor thinks Bitcoin is headed to $21 million, but…

dsflaty ·

Michael Saylor thinks Bitcoin is headed to $21 million, but the real story in this conversation is how he believes it gets there. In his first appearance on Bankless, Saylor breaks down Strategy’s evolving capital machine, why STRC may be the most ambitious instrument the company has built yet, how he thinks about quantum risk without panic, why his view on Ethereum has become more constructive, and what he means when he says the endgame is giving the world an 8% bank account forever.
https://youtu.be/t0mhU6umAuI?si=2KeUbqTkDU_RnI0r

Replies

dsflaty ·

Does the financial World pile into STRC ?
Or do the Big Banks decide to create their own versions of STRC ?
I happen to agree with Saylor in that most normies don't want crypto but they do want tax free decent yielding monthly payments on their savings
Assuming this is the future of finance which other Bitcoins or crypto commodities could get consumed by the Banking Giants or Saylor copycats ?

dsflaty ·

I imagine the Big Banks in every country will be looking at MSTR and STRC
Big Banks could copy Saylor, but buy BCH, BSV or other crypto commodities
Offer their customers high interest rates on current accounts and 'special' investment accounts like STRC
They either back Saylor to stay in the game or they beat him at his own game
Things could get very interesting, very fast

dsflaty ·

If I were guess who might copy the MSTR and STRC strategies but with Bitcoin Cash I would say MFI look the most likely at this point
https://www.nasdaq.com/market-activity/stocks/mfi/sec-filings