Michael Saylor's Strategy John Carvalho's Saylor paper: Michael Saylor's Bitcoin accumulation strategy cycles liquidity out of the Bitcoin economy. When @saylor borrows fiat and buys Bitcoin, he removes those coins from circulation and holds them in a corporate treasury. This reduces the float available for transactions and payments. The result is that Bitcoin becomes scarcer as a medium of exchange precisely as its price rises, which accelerates its transformation into a pure store of value and makes its original payment use case even less viable. Bitcoin Takeover S17E11 with @BitcoinErrorLog
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