$USDT
Trending UpSnapshot Window: 2026-07-17 15:00 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 5 source posts analyzed
Simon Dixon on why Strategy is built the way it's built. "Michael Saylor has a fiduciary duty to his shareholders. The vision is to centralize as much Bitcoin as possible." His point isn't that Saylor is doing something wrong. It's that the incentive is baked into the [Spoken audio]: I think strategy as a vehicle, as again, I said Michael Saylor has a fiduciary duty to his shareholders. The vision that he has with his shareholders to centralize as much Bitcoin as possible and increase the number of Bitcoin per share. But he has conflict of interest with stretch holders and his debt holders. That creates an interesting scenario. I do not believe the goal is to send micro strategy bankrupt. I think Wall Street want strategy to exist for as long as possible because they have an arbitrage vehicle for hedges to manipulate the price of bitcoin. And that's why it is the highest levels of derivatives and calls and everything around it. It is just an arbitrage vehicle, not a bitcoin accumulation vehicle, an arbitrage vehicle for centralizing bitcoin. Don't believe the hype. His pitch is digital credit, innovating Bitcoin, adoption, all that stuff. No, it is an arbitrage vehicle for centralizing as much Bitcoin as possible. Now around that, Canter Fitzgerald can try and get as many Bitcoin back loans as possible, try and do as many margin calls as possible, and send as many of the other Bitcoin Treasury companies into Chapter 11. Because once you crash the price of Bitcoin, do a bunch of margin calls, centralise as much Bitcoin as possible, then you want to lock in the price of that Bitcoin at the lowest price, just like FTX did at $17,000, just like Celsius did at $40,000, just like Voyager did at $35,000. Then you lock in the dollar value at the price, you do some M&A and the financial industrial complex consolidates, But strategy is the goose that lays the golden egg for our enemies So Bitcoin is money for enemies and strategy is our enemy We resist with Bitcoin in self-custody and staying away from borrowing against your Bitcoin and Making sure that you become your own custodian rather than being The a part of the complex that gives our enemies more power to control the short-term price
Will $ETH trade above $1,850 at 12:00 UTC on July 18? Yes No Predict Now
brethren when destiny calls you you have got to be strong wagmi, together
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