Published 18 Jun 2026, 00:36 UTC · fetched 3 Nov 2026, 10:54 UTC
DonAlt
@DonAlt
So do I get this right >Saylor buys BTC >Issues STRC >Buys more BTC with proceeds as market goes up >Average buy price of infinity >Eventually market goes down >STRC depegs >Saylor sells BTC below his average to repeg STRC >Market moves even lower below his average >Sells even more BTC to repay STRC >Eventually market recovers >Saylor issues more STRC >Buys now more expensive BTC >Repeat I'm a duck but even to me this sounds very retarded If I understand this correctly it's the worst ponzi I've ever seenView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction