MicroStrategy now holds 1 out of every 173 Bitcoin

https://twitter.com/BitcoinMagazine/status/1465318122592915462

https://twitter.com/saylor/status/1465305537210458115

Lol, I don't know that's smart. Special for other companies that want to invest, it can become a red flag.

Not sure what he wants with that? After he hold around 0,6% of all bitcoins ever created - lost bitcoins, it should be around 1% +.

2 Things I think about that.

First who want to buy after him? It looks like Saylor will burn his investors in a "midterm run".

And on the other side, that is how a money attack looks like. I mean what is the goal from him? Spreading Bitcoin to more users adds more value and makes it accessible to more people than playing the Ponzi game.

The Ponzi game has close to 0 utility. Bitcoin at 1$ can do the same as 100k Bitcoin. The value comes with people and not with Ponzi tactics. Sure in a short term it can add a lot of value.

That is IMO far away from a decentralization mindset. Saylor wants to control Bitcoin mining, he wants to be the top holder. Looks like Justin sun attacked and the stupid Bitcoin community doesn't realize this?

I mean, Chinese miners leave the game. So it becomes more centralized.

He called it the "Mining council" with green energy.

I really don't know what the point is to hold that much.

That's old men thinking. Community is value and not the asset itself. Really strange way to think about bitcoin.

I would love to have a discussion on that topic. Because I think this can become really relevant in the future.