I am posting here not to promote MSTR or endorse Saylor’s strategy. Only to share what I believe is the single best interview he’s ever given on what it MEANS to be a Bitcoin bank. We all know that Bitcoin is digital capital, and it seems at this moment that Bitcoin will become a significant portion of capital markets in the future. What is less clear to many investors, is how that capital transformation applies to today’s financial markets, and what it look like logistically to have a self-described “Bitcoin bank” such as MicroStrategy utilize the capital markets to offer Bitcoin-backed bonds and securitized instruments to investors who would otherwise find Bitcoin to be completely inaccessible - either from a risk management perspective or a logistical custody perspective. Please give it a watch and share your thoughts! I think Bitcoin will be THE financial asset of the 21st century, and this interview lays out the argument and explanation in a way that is crystal clear. [link] [comments] |
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