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Further. Being a Bitcoin Maxi doesn't mean we all of a sudden stop requiring products and services to fulfill our needs and wants. We still need beef to eat, a home to live in, clothing, electricity, etc. Companies would still exist in a Bitcoin standard. Cronyism would not. Companies would live or die based on the value they provide. If they are creating value, then they very well might be worth an investment.

He’s not a bitcoin maxi. He’s a bitcoin maXXI.

🫂

what is the question exactly? or at least the question you think is fair. also, which part wasn’t a good look? genuinely curious

The overall interaction wasn’t good look. The question of how you shit on equities and also run a company that is issuing one is fair. It’s like saying they are complete shit but mine is ok. Why is that? I’m sure the way they asked it was like a complete moron but think on the surface the question was fair. Me saying this now, people can’t handle that they bought high and the price is way down ( not your objective, that is to build a profitable company ) but I did think the portion of the pod about how btc per share isn’t important ( not your exact words ) anymore when you were on tv not to long ago is saying the opposite is what gives these people fuel. Like you said you are building for long term and most can’t think like that when they want to day trade or are over their heads with trades they can’t afford. no doubt you will announce stuff when you can but the average chat warrior doesn’t understand that.

i believe the phrase you’re looking for ser is “the pot calling the kettle black” However i thought the fat neck tough bit was a fkn pisser. Lighten up cunt 😂

Ok, let me clarify the premise. As I said on the show, I’ve never been against owning equity. I’m the largest holder of Strike and one of the largest holders of XXI. I own a ton of equity. My criticism has never been “equity is bad”. My criticism is using equity as money. Equity is an investment. It carries counterparty risk, execution risk, and time risk. If you’ve already created value and are trying to save it, you shouldn’t be forced to take risks just to save. That’s why Bitcoin is different. Bitcoin is money. Equity is a claim on future execution of said business. When equities simply track debasement, or underperform hard money, I find them pointless and greatly misleading. The US stock market is now this (S&P 500 for example). A ponzi-retirement account for the US that gets bailed out at every dip. Strike is not that. XXI is not that. As for the “tough guy” moment, these shows are unscripted and raw. They’re different. I do them for fun. For personal enjoyment and real connection with likeminded people. I also do them in part to remind everyone the human element behind everything we experience. The things you see around you everyday are made by people no greater than you. We are all just people, capable of hopping on a stream and shooting the shit, trying to find our way. I don’t do the show for money, ads, or optics. I’m not trying to be polished TV. If that ever becomes the requirement, I’ll just stop doing the show. If Im not having fun with it, I’ll be done with it. There are guys that come at my family and my livelihood all day everyday. A little banter is fun! Cmon, this is Bitcoin. Anyways, I’m always happy to engage honestly with questions, especially when they’re asked in good faith. I will reference this exchange on the next episode. If you have follow up questions, please don’t hesitate

not necessary to explain urself jack. but thanks for doing it anyway. that’s very gracious of u. the real ones will see it for what it is. the “tough guys” and “keyboard warriors” will intentionally misunderstand

Don’t get me wrong everyone wants to say that stuff to dudes that send crap like that it just snowballs imo. Saying you own equity in those two company’s is a little disingenuous as a comeback to “look I own equities too “ Of course you do, you run them and to align incentives you should but saying all other S&P is a ponzi which im not disagreeing with your point but not being able to describe how XXI is not that is where I think the issue comes up. Respect why you do the pod and listen often it is a fun pod I think that’s why this stood out so much. I’m sure you get a ton of hate and if people are coming at your family etc fuck em

all of this will go away when it becomes clear what XXI does

I think, at the core, tough guy’s question didn’t really have anything to do with you owning equity, but more with XXI being a publicly traded company. If you already own a fuckton of bitcoin, and you’re going to build new bitcoin products by yourself, why take the company public and sell it on the market? Maybe tough guy thinks thats unnecessary? Anyway, not a professional keyboard warrior, just my 2 sats. I think you handled it well and I highly enjoy the show, I hope you do too! The unscripted/raw bits are what makes it fun! See you next week! 🤙🏻