JOHNNY DOETHE LIFE WHISPERER

STRC, SATA and the onset of digital credit

void

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jafoHigh-Ranking Operative
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#41

JohnnyDoe said:

Nothing!

But your point 4 “honest management” should be discarded. You should want a management that is smart, ambitious, well paid, with skin in the game and with enough power to be able to take decisions without having to pass through 5437356 layers of control.
Honesty and ethics are concepts that pertain to the local church, not to corporations.

No integrity? I'm OUT!

Not looking to do a Luigi on them...because that's what they deserve!

JohnnyDoeSchrödinger‘s guy
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#42

jafo said:

No integrity? I'm OUT!

How can you possibly evaluate the integrity or other moral values of an executive?
Treat them as strippers/escorts and everybody will be happy. Problems arise when you start treating a stripper like a wife.

jafoHigh-Ranking Operative
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#43

JohnnyDoe said:

How can you possibly evaluate the integrity or other moral values of an executive?
Treat them as strippers/escorts and everybody will be happy. Problems arise when you start treating a stripper like a wife.

Their ARE red flags! I use Warren and Charlie as my "standard"

PS. Or more specifically this: From bling to bust: Social media stars suspended for excessive wealth displays in China

JohnnyDoe said:

Problems arise when you start treating a stripper like a wife.

When I was fighting my war, my ex-wife and my GF at the time did NOT deposit ANY money into my commissary account.🙄

Most strippers/escorts and porn stars I had hired during years did....some deposited money into my account every month and wrote letters weekly. I sh1t you not. That "wife" fairy tale is just that...a fairy tale so the STATE can get into the middle of two people for their CUT! đŸ€Ł đŸ€Ł đŸ€Ł đŸ€Ł

I prefer the stripper/escort WITH integrity vs the wife/relative with NO integrity! Of course, everyone else is entitled to their choices. đŸ€Ł

ColumbusActive Recruit
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#44

JohnnyDoe said:

rubbish software

Not a fan of Microstrategy, yet a lot of companies use that software, here are job postings looking for people experienced with their software:
hiring.cafe/?searchState=%7B%22defaultToUser
rategy%22%7D

Data engineering is big now (and will be in the coming years).

What their software does:
Lets say you have the full database of OCT, you connect the database to Microstrategy, and create dashboards based on the data, query it with natural language.

JohnnyDoeSchrödinger‘s guy
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#45

Columbus said:

Not a fan of Microstrategy, yet a lot of companies use that software, here are job postings looking for people experienced with their software:
hiring.cafe/?searchState=%7B%22defaultToUser
rategy%22%7D

Data engineering is big now (and will be in the coming years).

What their software does:
Lets say you have the full database of OCT, you connect the database to Microstrategy, and create dashboards based on the data, query it with natural language.

Quite obsolete today

ColumbusActive Recruit
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#46

JohnnyDoe said:

Quite obsolete today

in the software world - there’s a lot of “vendor lock-in”.

ParatoreActive Recruit
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#47

Columbus said:

Not a fan of Microstrategy, yet a lot of companies use that software, here are job postings looking for people experienced with their software:
hiring.cafe/?searchState=%7B%22defaultToUser
rategy%22%7D

Data engineering is big now (and will be in the coming years).

What their software does:
Lets say you have the full database of OCT, you connect the database to Microstrategy, and create dashboards based on the data, query it with natural language.

The software really isn’t the main point with them anymore, though.

JohnnyDoeSchrödinger‘s guy
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#48

Paratore said:

The software really isn’t the main point with them anymore, though.

So why they don’t update their documents or start a separate spinoff?

voidQuiet AuthorityAuthor
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#49

JohnnyDoe said:

So why they don’t update their documents or start a separate spinoff?

probably practical and economical reasons
* cost of starting another publicly traded company?
* they started buying bitcoin when the original business was the only one and then it evolved

Saylor talked about the evolution hundreds of times... it's totally irrelevant now

as somebody who inherently refuses to believe audits and financial reports of SEC regulated publicly traded companies you're pretty pedantic today :D

JohnnyDoeSchrödinger‘s guy
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#50

void said:

probably practical and economical reasons
* cost of starting another publicly traded company?
* they started buying bitcoin when the original business was the only one and then it evolved

I would say: freedom to do whatever they want with their finances, without being subjected to the strict investment fund rules, including surprise audits of the investment strategy.

void said:

Saylor talked about the evolution hundreds of times... it's totally irrelevant now

as somebody who inherently refuses to believe audits and financial reports of SEC regulated publicly traded companies you're pretty pedantic today :D

I would be a serious pain in the ass as SEC or CFTC chair.
But I might also be corruptible, like the long and noble tradition of my predecessors.

voidQuiet AuthorityAuthor
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#51

JohnnyDoe said:

That’s exactly why this company is toxic: he sells 32 btc and the market panics.

another connected juicy story...
what if... the sale had another good reason? ;)
the question is now squared as there is an ongoing dispute regarding the market settlement based on the fact that Strategy sold in May but reported it in Jun :D

1780388034463.png

JohnnyDoeSchrödinger‘s guy
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#52

The problem is that Saylor talks nonsense and nobody seems to understand that.
For example:

View on Reddit

voidQuiet AuthorityAuthor
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#53

JohnnyDoe said:

The problem is that Saylor talks nonsense and nobody seems to understand that.
For example:

View on Reddit

words mean nothing - proof of work/energy does - whoever is right here can make a shit tone of money - MSTR is an ideal target to short, the best way to exploit and punish somebody who

JohnnyDoe said:

talks nonsense and nobody seems to understand that.

:)

JohnnyDoeSchrödinger‘s guy
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#54

void said:

words mean nothing - proof of work/energy does - whoever is right here can make a shit tone of money - MSTR is an ideal target to short, the best way to exploit and punish somebody who

:)

Totally agree. MSTR is just another company with a shitty product and a creative CFO, it has nothing to do with Bitcoin. It could have created the same “strategy” with literally any other thing: diamonds, bees, freshwater


voidQuiet AuthorityAuthor
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#55

JohnnyDoe said:

MSTR is just another company with a shitty product and a creative CFO, it has nothing to do with Bitcoin. It could have created the same “strategy” with literally any other thing: diamonds, bees, freshwater


we won't agree on that (at least not now) - the difference is that bees, freshwater or diamonds won't appreciate against USD (well, actually they will but two orders of magnitude slower than BTC) - they are tapping the right cask I think

shorting BTC is very unwise, shorting something like MSTR is poking a rattle snake

I don't know, I don't care, I don't advocate for anything but my current bet would be Strategy is the next Berkshire Hathaway (or whatever the normie financial world considers to be a gauge of success)

I am young and healthy enough to see how this plays out hopefully - let's lean back and get the popcorn ready

jafoHigh-Ranking Operative
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#56

Good thread! Thank you all!

JohnnyDoeSchrödinger‘s guy
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#57

void said:

I don't know, I don't care, I don't advocate for anything but my current bet would be Strategy is the next Berkshire Hathaway (or whatever the normie financial world considers to be a gauge of success)

come on:
MSTR is run by a questionable guy who is extremely good at talking nonsense in a way that sounds smart to people who want to believe it to be smart.
It has a $47B market cap, holds BTC, and does whatever financial engineering behind the curtains.
Berkshire is worth over $1T and has a simple, understandable business model: it owns stakes in a long list of strong cash generating companies.
You can't even remotely compare the two.

voidQuiet AuthorityAuthor
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#58

JohnnyDoe said:

You can't even remotely compare the two.

not now obviously

JohnnyDoe said:

Berkshire is worth over $1T and has a simple, understandable business model: it owns stakes in a long list of strong cash generating companies.

this strategy (based on big guys having priority access to cheap money made out of thin air) that worked last 20 years (or longer) won't hold in the next 20 years - the game has changed

I'm not afraid of being wrong, just saying what I can see now, time will tell

JohnnyDoeSchrödinger‘s guy
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#59

void said:

not now obviously

Not now not in the future, never.

void said:

this strategy (based on big guys having priority access to cheap money made out of thin air) that worked last 20 years (or longer) won't hold in the next 20 years - the game has changed

This is a different story. Berkshire’s business (leaving aside the insurance etc) is value investing, it will always work.

void said:

I'm not afraid of being wrong, just saying what I can see now, time will tell

What we are seeing is a small company very hungry for fresh fiat money, and its boss becoming rich with shareholders’ money in return for telling stories. All this has absolutely nothing to do with btc.

JohnnyDoeSchrödinger‘s guy
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#60

If you want to generate some income on your btc holdings, write calls. Like $BITA does.
But you need to know what you are doing. Otherwise (that is, for 99.9% of the investors), just HODL.

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