sniper wealth
847 posts

sniper wealth
@sergiobb76
Diplomado y Licenciado en EF. Adoro el deporte de todas las maneras, visto, practicado, entrenador, imaginándolo...










Love turning into the @Strive podcast to hear @PunterJeff go off about wildfire reinsurance for 10 minutes because someone said "control burn", sometimes you gotta nerd out! 😂




One of the most misunderstood $MSTR metrics is BTC Breakeven ARR. If BTC appreciates faster than 3.3% over time, BTC capital gains can fund $STRC dividends indefinitely.


After a decade of blockspace fears and non-monetary-use panics, Bitcoin still has no spam problem. Fees are 1 sat/vB: anyone can move any amount globally with immediate processing for ~$0.30. The free market has always solved Bitcoin’s blockspace challenges. $BTC


By the way, here’s the other thing about the cash reserve: Bitcoin is a 50 vol asset. The -50% drawdown from October to now-ish is literally par for the course. This is why I’m not a fan of the “BTC Years of Dividend Coverage” metric. The number has too much vol. (it’s BTC price vol) A -90% drawdown is always on the table. We can debate the probability of such an event (in which I’m more bearish than the up-only Bitcoin narrative), but a -90% drawdown is always on the table. Which takes the ~32 years of BTC Div coverage down to 3.2 years, and it could happen quickly. We humans tend to blissfully overlook the nonlinearity of downside moves. (Or they say wild things like “capital rotations are the new recessions”) @hillery_dan cc: @piovincenzo_ A cash reserve is the *only* way to arrive as close to certainty as possible - which does benefit all market participants and regulators and index deciders. PS: we can get some yield on the USD Reserve with treasuries from 0-1 months up to 2-3 years. It won’t bring in much, but, it’s honest work and it’s a starting point for future cash flow generation 10+ years out from now.


$BTC is Digital Capital. $STRC is Digital Credit. $MSTR is Digital Equity. Different instruments for different investors. One Bitcoin Strategy.


















