I see that you got triggered by the word moronic, and I understand that.
But my point is very specific: “digital credit” is credit. There is no poetic way around that. Credit depends on structure, issuer, custody, leverage, counterparty risk, and someone else’s promise. So yes, I find it moronic when people confuse a credit instrument with money, especially inside a space that supposedly understands the difference.
Saylor may be brilliant at capital markets. He may be testing a novel way of raising capital through his companies, using open ai and Bitcoin as the gravity well. Fine. But that is the experiment. The projection begins when people turn the experimenter into a prophet, then act shocked when the experiment behaves like an experiment.
Have you ever been in a room, at a conference, when he walks in and the whole room shakes? People look at him as if he were a totem. He is not. He is a human being.
When he says Satoshi was Prometheus, I don’t agree. Prometheus is Bitcoin itself — the fire, the protocol, the gift that escaped the old gods. Satoshi disappeared. Bitcoin remained.
We just differ on this one. I follow no gurus specially in this dying times with so much deception 🤓
