<oembed><type>rich</type><version>1.0</version><title>Brisket wrote</title><author_name>Brisket (npub1jm…p6xcq)</author_name><author_url>https://yabu.me/npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcq</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Who&#39;s turning him into a profet? I&#39;m not seeing that expressed anywhere &amp; I&#39;m not seeing any devestated investors. I can&#39;t see a reason to be calling people morons. Maybe I&#39;ve stuck my head in the sand but I&#39;m trying hard to see what it is that I&#39;m missing. &#xA;&#xA;I see him as a leader of a fiat company that&#39;s running a novel experiment to extract value out of the fiat system. He then distributes that value to all holders of bitcoin &amp; not in a selfless way. He&#39;s doing it because he believes that it will make strategy shareholders wealthy &amp; make him a legend in the fiat world. I think he&#39;s doing it for ego.&#xA;&#xA;He&#39;s effectively calling out the fact that nobody ever intends to pay the debt back. It&#39;s impossible to pay it back &amp; it&#39;s becoming obvious to anyone paying attention. &#xA;&#xA;I don&#39;t think he wanted STRC to succeed as money, he just wanted to pump Bitcoin, to raise capital. The incentives with this product are fascinating &amp; the outcome of the experiment is far from clear. Only the forced sellers of STRC lost money, dividends are still being paid.&#xA;&#xA;I&#39;m beginning to suspect that people are angry at him for extracting value from the USD. Maybe they believe that it can&#39;t be sustainable? I believe it&#39;s sustainable while you can exchange USD for bitcoin.&#xA;&#xA;It could also be just people projecting the blame of their lost purchasing power onto him. Bear markets are hard emotionally even if you bought bitcoin for other reasons. </html></oembed>