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Haseeb

đŸ‘€ Speaker
1106 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Look, I think the reality is that he has constructed a fantastic financial machine around him so that he actually does not really have pressure to do anything, right?

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Like these assets are so favorable to Saylor.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

The reason why you have these favorable structures is that you don't have to sell in times of distress.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Now, this looks to me like a time of distress, right?

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Like Bitcoin is down.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

It's about to go below its 200-day monthly average.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

This is the time when that runs in your favor, is that you can say, nope, screw you.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Everybody be quiet.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Bitcoin is going to go back up because I'm Mr. Bitcoin and I believe.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

If instead you say, oh, well, I have to be a prudent, you know- I'm actually Mr. Stretch.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Yeah, exactly.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

I have to take care of my thresholders.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Then, okay, well-

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Why did you even set this whole system up to be so favorable and give yourself so much discretion to not have to sell Bitcoin in a time of distress?

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

If he's selling Bitcoin at 120, cool, whatever.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

You're selling Bitcoin at 60 and now you're below your average price, you're realizing losses.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

I think the market is very, very clear here.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

You don't get to do that.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

Try one of the other two or just sit on it for a while and let's hope the market goes back up and recovers.

Bankless
ROLLUP: Bitcoin’s Confidence Game | Bitmine’s ETH Bet | Token Rotation | U.S. Perps

And also, I'm sorry for ever wavering from that.