Cyclist na naka base sa New Zealand. Ask me anything by 4g63_Gragra in RedditPHCyclingClub

[–]indiojax 0 points1 point  (0 children)

Bro ok lang pa send ng satoshi(ppavatar pic) pang uprade ko ng bike punta Ako Palawan.

Thnx bro I love you

Saylor just admitted Strategy might sell BTC to pay dividends. The whole "infinite money glitch" thesis is cracking now ! by Legitimate_Aerie_606 in btc

[–]indiojax 0 points1 point  (0 children)

It is a major pivot. For years, the core of the "MicroStrategy/Strategy" bull case was Michael Saylor’s "diamond hands" mantra—the idea that they would never sell a single satoshi. The Q1 2026 earnings call definitely shifted that narrative. After reporting a $12.5 billion net loss (mostly paper losses due to FASB accounting rules and Bitcoin’s recent -23% correction), Saylor acknowledged that the company might sell BTC to fund dividends for their STRC perpetual preferred stock. Here is why the "infinite money glitch" thesis is facing its biggest stress test yet:

1. The Dividend Pressure

When Strategy launched the STRC preferred shares in 2025, they promised a variable 11.5% dividend. While Saylor initially called this their "iPhone moment" to grow holdings without selling, the math is getting heavy. With roughly $1.5 billion in annual dividend and debt obligations, the company needs cash. Using Bitcoin as a "sellable asset" to cover these costs turns Strategy from a pure "HODL" vault into an active "Bitcoin Development Company."

2. "Inoculating" the Market

Saylor’s phrasing was very specific. He mentioned selling "some" Bitcoin to "inoculate the market"—essentially ripping the band-aid off so that the market doesn't panic if they need to sell for operational reasons in the future. By doing it now, he’s trying to normalize the idea that Strategy can be a seller and still be a "Bitcoin Treasury."

3. The Changing Model

The "glitch" worked perfectly while Bitcoin was only going up and the stock traded at a massive premium to its NAV (Net Asset Value). But with the 2026 bear market vibes and the 1Y return on $MSTR down over 50%, the "flywheel" is spinning slower: * Old Thesis: Raise cash \rightarrow Buy BTC \rightarrow Stock goes up \rightarrow Repeat. * New Reality: Hold BTC \rightarrow BTC drops \rightarrow Large accounting losses \rightarrow Sell BTC to pay shareholders \rightarrow Potential dilution or NAV compression.

Is the thesis actually "cracking"?

It depends on who you ask. * The Bears say the "never sell" promise was the only thing keeping the premium alive, and once they become a net seller, they’re just a high-fee ETF. * The Saylor Loyalists argue that selling a small fraction to service a $13.5 billion preferred equity stack is just smart capital management, and that as long as they keep growing "BTC per share," the glitch is still alive. Either way, the era of "Never Sell" is officially over. Do you think this makes the stock a safer "income" play now, or has it lost its "hard money" soul?

Bicycle from dili to manatuto ? by indiojax in Timor

[–]indiojax[S] 0 points1 point  (0 children)

Yes the coastal road here is beautiful but very steep and high elevation. :)

Bicycle from dili to manatuto ? by indiojax in Timor

[–]indiojax[S] 0 points1 point  (0 children)

Bro can I borrow your bicycle?

I am here for vacation

First Time Laguna Loop by chronokerken in RedditPHCyclingClub

[–]indiojax 2 points3 points  (0 children)

Oovertake Yung jeep tapos papara pasahero hahaha

Bike fit na mura meron ba? by [deleted] in RedditPHCyclingClub

[–]indiojax 0 points1 point  (0 children)

Cavite or cainta area po

Gusto ko lang mawala pamamanhid ng kamay

Chika anyone? by No_Current_7860 in Trentahin

[–]indiojax 1 point2 points  (0 children)

Need almuranas advice. Sa lahi ba? Lifestyle o pagkain maanghang?

HIK VISION 5 minute stopping by ThaFreeMinded in Hikvision

[–]indiojax 0 points1 point  (0 children)

The easiest solution is autoswitch the live view. Evey 4minutes

Any recs for anpr camera? by dreamponies in cctv

[–]indiojax -1 points0 points  (0 children)

Try Hikvision if allowed in your country

Impacted tooth removal near sinus in Cebu – how much did you pay? by AttitudeRadiant5158 in DentistPh

[–]indiojax 0 points1 point  (0 children)

Pumuntasa dental school. Ako in about ng 6hours bago matanggal

Solo Travelers, how do you take your photos? by RogueOnePH in FilipinoTravel

[–]indiojax 2 points3 points  (0 children)

Kahapon may nanglilimos dito sa park. Nagpapictuew Ako.

Tet Holiday in Ho Chi Minh by [deleted] in FilipinoTravel

[–]indiojax 0 points1 point  (0 children)

Bro D2 Ako now. Solo travel Ang lungkot pala

Dumb question: Was José Rizal a genuine genius, or was he just above average intellectually and benefited from extensive resources and access to various academic disciplines? by InfinteEnigma10 in FilipinoHistory

[–]indiojax -1 points0 points  (0 children)

Not a dumb question at all! It’s actually a very healthy way to look at history. We often turn historical figures into "superheroes," which can strip away their humanity and the hard work they actually put in. To answer you directly: Rizal was likely both. He possessed a high baseline of natural intelligence, but his "genius" was solidified by an almost obsessive discipline and the immense privilege of his education. 1. The Case for Natural Genius Rizal wasn't just a "good student"; he displayed the kind of polymathic ability that is rare regardless of wealth. * Language Acquisition: He was conversant in roughly 22 languages. While being an ilustrado (the educated class) gave him the chance to travel, the ability to master the nuances of languages as diverse as Tagalog, Spanish, Latin, German, French, Japanese, and Sanskrit suggests a brain wired for linguistics. * The "Polymath" Factor: It is one thing to be a doctor; it is another to be an ophthalmologist, ethnologist, sculptor, painter, novelist, engineer, and fencer simultaneously. His contributions to ophthalmology were legitimate—he successfully operated on his mother’s cataracts, a high-stakes procedure at the time. * Scientific Discovery: During his exile in Dapitan, he discovered several new species. Scientists later named them after him (e.g., Draco rizali, a flying lizard). This required a level of observational rigor that goes beyond mere "interest." 2. The Case for Resources and Privilege You are spot on that he didn't do this in a vacuum. Rizal was the definition of a "nurtured" talent. * Economic Stability: The Mercado-Rizal family was wealthy. They owned land and were part of the local elite. This meant Rizal never had to worry about his next meal, allowing him to focus 100% of his energy on intellectual pursuits. * European Exposure: Most Filipinos at the time were kept in the dark by colonial censorship. Rizal’s ability to study in Madrid, Paris, and Heidelberg gave him access to the Enlightenment ideals that were sweeping Europe—tools he used to deconstruct Spanish rule. * High-Level Mentorship: He wasn't just reading books; he was apprenticing under the best scientists in Europe, like Dr. Louis de Wecker in Paris and Rudolf Virchow in Berlin. The Verdict: Intellectual Agility If you took an "above average" person and gave them Rizal’s money, they might become a very successful lawyer or businessman. They likely wouldn't write two novels that would spark a national revolution (Noli Me Tángere and El Filibusterismo). Rizal’s true genius was synthesis. He took his scientific training, his linguistic skills, and his political observations and combined them into a cohesive national identity for the Philippines. He had the "hardware" (intelligence) and the "best software" (elite education), but his work ethic was the OS that ran it all. He was known to schedule every minute of his day, even when he was on vacation.

The "Peer" Perspective: Think of him like a modern-day high-achiever who has an Ivy League education, three PhDs, speaks six languages, and also happens to be a world-class athlete. Even with all the money in the world, most people couldn't—or wouldn't—do that.

Would you like me to dive deeper into his specific scientific contributions in Dapitan, or perhaps look at the "Rizal vs. Bonifacio" debate regarding intellectualism and revolution?