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Saylor’s hubris might break Strategy but it can’t break Bitcoin.

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by COINS NEWS 19 Views

Imagine Bitcoin’s price doesn’t move 1 cent up or down for the next few decades. As of now the have just over 28 years of coverage from their BTC pile. Lets take off 2 years assuming the 4 Bln of net debt has to be paid back, and another 2 for buying back stock trying to get the preferds back to par.

That means in 24 years they are gone, and bitcoin carries on doing what it has been doing for nearly 2 decades.

If the price rises they can keep the show on the road, and if it rises quickly enough they can do this indefinitely. If the price falls this all unravels more quickly.

As long as there are users needing peer to peer money and miners willing to validate and broadcast transactions, Bitcoin goes on forever.

submitted by /u/Leithm
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