Is Strategy 'SBF on Steroids'?

Show Notes

PBJ breaks down the debate around Strategy, Saylor, STRC, proof of reserves, leverage, and whether owning 4% of bitcoin makes Strategy a systemic risk, or just bitcoin financial engineering misunderstood. 0:00 - Why Strategy has bitcoiners worried 10:29 - Why STRC is not a ponzi 14:11 - When STRC growth becomes risky 17:43 - Custody risk and DeFi leverage loops 23:31 - Why Strategy is not Terra Luna (can’t face a bank run) 25:01 - How MSTR can beat holding bitcoin 33:24 - Saylor’s financial engineering playbook 🎧 From the PBJ podcast recorded at 📍Presidio Bitcoin 🔗 Full episode: https://youtube.com/live/qJ2Tk6HoqBA?feature=share 🌐 Learn more: https://www.presidiobitcoin.org/