Quote from hodl on 03/30/2021, 5:19 AM

Michael Saylor:

take money that's invested in assets that are deriving their value from cash flows that are debasing and convert that monetary energy into scarce assets that are not deriving their value from currency cash flows

Cullen, your emphasis on assets the value of which are based upon the underlying cashflow, aka stocks and bonds, is going to prove disastrous.

Because when the cost of capital is 20%, no business or bond can have a positive return in real terms.

Winter is coming. Corporate profitabiltiy is going down the gutters. Buy Bitcoin or lose everything.