MicroStrategy selling Bitcoin is essentially a complete de-mystification of cryptocurrencies by Wall Street...


Tonight's disclosure revealed that MicroStrategy sold 32 Bitcoins to pay dividends.
In my view, 320 Bitcoins doesn't matter, 3,200 Bitcoins doesn't matter either; what's important is that he used 32 Bitcoins to pay dividends.
This round of crypto-stock linkage is fundamentally driven by MicroStrategy. Its promise of "never selling Bitcoin" was completely broken tonight.
This means a myth of an era is collapsing, and a new dynasty has been shattered.
Previous crypto-stock linkages were all attempts to boost company valuation using the guise of cryptocurrencies. However, the good times only lasted three months; MicroStrategy supported it for two or three years, and finally, today, had to start selling coins.
But I think this is actually a good thing. The reason Bitcoin can't rise significantly is largely related to MicroStrategy's excessive buying of Bitcoin. MicroStrategy is now the fourth-largest holder of Bitcoin, after Satoshi Nakamoto and China-US.
The essence of market manipulation is to squeeze out others and become the new market maker. Why can MicroStrategy become such a big player in the market? How can Wall Street manipulate the market?
...Including the downgrade of USDT's rating. The core reason is that it has started to stop buying US debt and switch to buying gold. Although USDT's cash flow has never been disclosed, as soon as it revealed its gold purchases, the US immediately downgraded its rating.
The logic behind this is the same: vested interests do not want others to replace them and bear the benefits.
The world is that simple: if you are my friend, then I am your friend; if not, you are a stranger, and we are unrelated (Brother Dong's statement 💬).
Therefore, for the development of crypto, it is necessary for a company like MicroStrategy or USDT to blow up.
In fact, in the long run, this is a positive. The explosion of a high-profile, non-government-connected company like MicroStrategy can be bullish; ultimately, businessmen are businessmen, and imperial regimes are the ones that last forever.
MSTR-3.91%
BTC-2.85%
PAXG-0.98%
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