Gabe
@0xgabedg
Web3 Soft Eng, Finance, DJ & Pilot
ID: 962498177508216832
11-02-2018 01:27:02
1,1K Tweet
405 Followers
792 Following
I wonder if Michael Saylor ever considered: - Put BTC as collateral, borrow 2B margin - Use the 2B to buy BTC moving the price higher - Issue CB's for 2B to cover the margin borrowing That way, it will buy at a cheaper price and sell the CB's at a higher price.
Dale Javier Milei , segui el ejemplo de President Donald J. Trump #Bitcoin
I would like to see a Proof of Reserves, but I understand the risks involved. However, it would be reassuring to receive confirmation from Michael Saylor that at least their holdings are not kept on an exchange.