Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by on 12/12/2025, 06:41:32 UTC
Just in:
https://x.com/pete_rizzo_/status/1999243149089337527
So I guess it's another sale pitch from Saylor with regards to Bitcoin so that banks will agree and to accept it. He is also pitching Bitcoin to the Middle East.
https://www.coindesk.com/markets/2025/12/09/saylor-jpm-citi-and-schwab-are-starting-issue-credit-lines-backed-by-bitcoin
https://x.com/pete_rizzo_/status/1999243149089337527
So I guess it's another sale pitch from Saylor with regards to Bitcoin so that banks will agree and to accept it. He is also pitching Bitcoin to the Middle East.
https://www.coindesk.com/markets/2025/12/09/saylor-jpm-citi-and-schwab-are-starting-issue-credit-lines-backed-by-bitcoin
Quote
Michael Saylor Urges Middle East to Become the 'Switzerland of Bitcoin Banking'
I have a mixed feeling about this.
Micheal Saylor is obviously very smart, and a very good orator. But the tone that he uses on some occasion I guess sounds too extreme when speaking to a bank.
“Sell your house and buy Bitcoin” is not a financial advice, of course, but I am not sure is something a bank want to be coupled with.