Bitcoin!!! To Be or Not to Be....you decide, & while you're deciding, just remember Bitcoin/Microstrategy is a long play....15-20 years from now!
Microstrategy's no 1 Strategy is to find an asset class that grows over time , outpaces the S&P 500 or any other Exchange and simultaneously protects the wealth any Business generates over time going forward versus the slow demise of a business over time, and there are many reasons for this namely, a CEO with no vision, lack of R&D to develop or improve or release a new product, and then finally two of the largest factors eroding investor & business's Cash reserves and their base currency over time referred to are ever rising Taxes & Inflation.
Taxes may well be a debate for another day as American citizens initially paid taxes in 2 categories, 3 % on income up to $10 000 & 5% Tax over $10 000. All of the Federal Government revenues came mainly from Taxes on Goods, all that changed in 1913.Today , countries have introduced another Tax in the form of GST or Vat on all items purchased.
Michael Saylor as the then CEO stood back & looked at Microstrategy forward earnings & growth 10-20 years down the line, knowing their competitors, Taxes & Inflation will indeed have a massive impact on the Business growth overall & their Investors will indeed not be happy with the said returns.
The History of Bitcoin , its slow adoption ( 15 years) , high Volatility & gradual Increase in value over time became the perfect play ( Volatility) Hedge against Taxes ( FASB) & Inflation as it remained the one and only asset class approved by the SEC including the spot Bitcoin ETF's that have surpassed ( Giant leap within a year ) the Spot Gold ETF's released back in 2004 .
Let's forget the smoke & mirrors, the emotions & volatility of today but rather focus on the End game, the actual valuation of Bitcoin & Microstrategy in 15-20 years from today.
investing is indeed a long , slow journey, let's not rush it but remain focused. There is an old saying, easy come easy go.
Volatility may well be your friend in the short term.
You decide If you prefer an indestructible asset class ( Bitcoin is Energy ) that outpaces Inflation including your own Fiat money ( Not backed by any Tangible asset or commodity, yet we use it !!! )
Disclaimer: The information is for Educational purposes only.
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