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MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

ir.microstrategy.com

11–20 of 176 posts

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#11
It’s so crazy that it might just be completely crazy. Behaviour that is grounds for an investigation by shareholders.

In a world where the governments can’t support their own currencies, nobody will give a shit about Bitcoin.

“I don’t trust the real hospitals because of medical negligence, better get my amputation done by that guy operating out of his garage just to be safe.”

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#12
post #7
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

wasn't quanatative easing done for like a decade after tbe recession with no inflation? why is there any reason to think this time around will be different? scale?

Scale indeed.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#14
post #7
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

wasn't quanatative easing done for like a decade after tbe recession with no inflation? why is there any reason to think this time around will be different? scale?

Because now money is given directly to people due to covid. Before money just went to wall street.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#15
post #7
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

wasn't quanatative easing done for like a decade after tbe recession with no inflation? why is there any reason to think this time around will be different? scale?

No inflation? Look what new money has bought and you will clearly see huge inflation: stocks and housing.

We don't see shopping cart inflation because it's countered by the technological cheapening of the production. And the key fact that new money is not being given to people buying groceries.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#16
post #7
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

wasn't quanatative easing done for like a decade after tbe recession with no inflation? why is there any reason to think this time around will be different? scale?

It caused inflation in assets, not in goods.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#17
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

It seems to be a common sentiment but the general business people can't completely back it with macro data so everyone just brace for impact... I assume these folks have actual intel to take this big decision.

>I assume these folks have actual intel to take this big decision.

They sure write like they do. But they act like gamblers hoping for the next big score.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#18
I feel conflicted by this expectation from people that bitcoin will continually grow ad eternum, just because the supply is limited.

I'm a believer on cryptocurrencies, but bitcoin being a first generation project, still has several pitfalls, such as transaction throughput, slowly trying to be addressed by other projects. What happens when people start flocking to ethereum, cardano, eos, or something else? Will it retain demand?

Maybe it will, considering that gold is almost as worthless, and it's still used as a major hedge against financial turbulence. But it's something to keep in mind.

Re: MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset

#20
post #7
post #2

"[We] spent months deliberating to determine our capital allocation strategy. Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively. Those macro factors include, among other things, the economic and public…

wasn't quanatative easing done for like a decade after tbe recession with no inflation? why is there any reason to think this time around will be different? scale?

No, if you look at shadowstats, the house/rental prices, or the Big Mac index, you can see that there was significant inflation in the past 50 years. Governments are changing the measurement of the inflation to try to hide it.
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