TL;DR on why Bitcoin is going to ZERO
“Michael, so you own 5% of all Bitcoin & decided you were going to sell some to test the liquidity?" “That’s correct Dave.” “And you did this immediately after using up your cash to buy back debt at an 8% discount?” “I did, Dave.” “So when you actually did what you said you were going to do, the liquidity test didn't go well?” “Sadly true, Dave.” "And you only sold 32 BTC, even though you knew that wouldn't be enough to cover the next year of dividend payments?" "Yes, Dave." "So in the process of selling BT
评论
?
参与讨论