yeah… I just dont trust fiat and stocks stuff and i think it’s a scam. My wifey “wanted” some diversification just in case (and I see now she loves the gold jewlery).
Love and marriage, love and marriage ![]()
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Same here
I thought you were accumulating some BTC. Why did you sell everything?
Decided that I should just stick with stocks. And it was a very good decision. In those 5 weeks my crypto wallet would have fallen by another -20-30%. I bought CRM and NOW instead and I’m up +30% instead.
I wouldn’t call the financial shenanigans from Strategy simple ![]()
It’s a love letter to an idea, not financial reasoning. You are drawn to Bitcoin’s elegant rules, its independence, its purity.
The rules of Bitcoin can’t change, but the rules around Bitcoin absolutely can, and that’s all that matters. China banned it. Other governments can and will restrict exchanges, tax gains punitively, or simply forbid conversion to real currency. The day that happens, your elegant, rule-based, apolitical asset becomes unspendable. Value: zero. Eluc l’aura dans le luc.
It is not diversification because Bitcoin crashes harder than tech stocks when markets fall. You would be adding a second helping of risk and calling it a vegetable.
The actual asset underneath has no intrinsic value and is worth what the next buyer is willing to pay (it’s called the Greater Fool theory). It pays no dividend, generates no income, produces nothing. A share of Nestlé owns factories, brands, and cashflows.
Bitcoin just lost 50% over one year. It has done this before and gone on to lose 70-80% total. Every single person who has ever said “perfect entry point” was either right once by luck, or wrong and quietly never mentioned it again. Bitcoin can go to zero overnight.
If you want a hedge against political chaos and dollar weakness, there are a few boring safe assets, and they work.
Retail investors are the ones holding the bag, as always. One-fifth of Bitcoin-linked firms now trade below their net asset value. The people cashing out at the top are not retail investors, who lost $17 billion in 2025 through Bitcoin-related exposure.
Strategy is a pest, they have nothing to do with Bitcoin beside the fact that they use Bitcoin extremely valuable property and security, and use all the possible “traditional finance” shenanigans to leverage as much Bitcoin as possible. But this is super risky, I would never touch their products and I’m even pissed that it had some risk for all user of Bitcoin as they have too much influence over general public, which could impact perception of Bitcoin and its value in a negative way, exactly like your assumption that Strategy = Bitcoin or is directly related to it.
Your misunderstanding of Bitcoin is typical from traditional finance investor and actors. Nothing has intrinsic value, especially not your beloved CHF, USD and EUR that are printed by billion over night. They might not go to zero over night, at least not the big ones, but the are certainly going to zero over long enough period of time, like always in the history of money. Even gold has not real value and is heavily manipulated and subsect to political decision and trust in obscure actors, and it’s usage for tech and even decoration purpose is a very very tiny fraction of its trade value. Similar for real estate and many other asset, most of their value come out of nowhere, or precisely the fact that there is not perfect asset to store value, especially not fiat currencies. Your Néstle stock can also go to zero overnight if anything dramatic happen to the company, and it mostly depend on the decision of a handful of people, that can be influenced, corrupted and blackmailed.
Bitcoin offer a solution, the more people decide to use it, the more value it will have to the society, way beyond any value that governments can force/fake into their currencies. Government can tax it, ban it, people can still use it and move to more favourable geographical location with it, without asking anybody the permission. China ban is a joke, Chinese still trade Bitcoin heavily, any attempts to restrict it has failed, even if they will never admit. The more it’s adopted globally, the harder it will be to restrict it locally and the governments doing so will just penalize themself by leaving these value off their sight, off their control and off their jurisdiction. Eventually they will have no choice but to accept it and play nice with people who use it.
But it’s out of the main discussion. I was just mentioning the complexity of what was for some years “simple and easy ETF global investment”, which are in fact just a way to keep some kind of value over time while fiat are going slowly to zero and cannot be kept over time.
Same for BTC tho ![]()
(the difference is that CHF/USD/EUR can be useful for a lot of things, as they are relatively stable vs. price of goods, which make it suitable for a wide variety of use cases, but yes they are not an investment – an nobody should claim that cash is an investment)
They have nothing to do with bitcoin, but it’s still 4% of the overall supply and have had quite a lot of impact supporting the price with their financial creativity (aren’t they a major buyer on the market?).
I BTFD twice - just today
zen
(and a lot of
)
cheers
…the fact that they own/control more than 4% of all the Bitcoins that will ever be.
That’s higher than the United States’ share of worldwide gold reserves.
Real estate, buildings provide accommodation - a basic human necessity/demand - to people. And Nestlé provides food and water - processed by machines they own.
…with the simple fact being that hardly anyone uses it (except for speculative and criminal purposes).
…which in fact it isn’t. It isn’t adopted for transactions globally.
…just as Ghash.io, when they controlled more than half of bitcoin mining?
A certain very solid swiss bank went to zero over a weekend, with tradfi believers reeling in shock and awe. Still they did not learn the lesson. Governments are unaccountable. Would not have happened with a DAO.
I’m not sure what lesson had to be learned. That bank was in trouble for some time and had been making bad deals unashamedly for many years. Its clients were protected and as far as I understand, the transition to their new bank, for them, was smooth. Investors bet on a bad horse and got bad returns out of it.
Edit: if anything, the shenanigans (which they were) played by Finma and the Federal council were done to protect the bank’s clients, which they did adequately.
My 2 bits, not going into each argument above.
Why I still do mostly Bitcoin:
- If I have to flee one day, I can take 85+% of my networth with me (probability today is much higher than it was a decade ago)
- nodody can freeze those assets (not happening? sure it does in Europe, US, Russia, China…)
- after 17yrs Butcoin is still working, nobody can destroy it (and they tried hard)
- I had a pretty good run with it (I have not a number, but it’s hjuge)
- I can live of it directly for 90% of stuff (see btc map near lugano)
- there’s a bitcoin community almost everywhere
- I think the old “system” is going bust and bitcoin will be the place everybody goes… the whole scam will unwind
- bitcoin is the future for energy production and allocation (especially in the AI era) (read Batton)
- banks (and the financial industrial complex) are just starting out with bitcoin (the crash is needed so they can catch up)
- countries are catching up
- bitcoin is pure, simple and cheap… I need just 3x12 words to remember, don’t need any intermediaries, no fancy monitoring tools, no daily media consumption…
- and few more
Amen, brother!
I admire your level of conviction, even if I am not ‘in’ to the same extent.
In my Freizugigkeitskonto I have 4-5% in BTC (via ETF)
And in my regular equity portfolio I’ve built up 1-2% in BTC (again, ETF).
And, finally, my wife and I have started to save a small amount each month for our upcoming firstborn and 5% of that is going into BTC (again, ETF) as well.
I stepped in more to have the optionality of hypergrowth in case it performs extremely well - kind of like buying a lottery ticket. Or is it just FOMO! ![]()
Why trust TradFi, when you can safely sleep and place your trust in FTX or Mt.Gox?
- What are you trying to flee from, except war or natural disasters, when you’re living in Switzerland anyway?
- Nobody can freeze those assets - but they can freeze your ability to spend them.
- Bitcoin may be the future for energy consumption (sadly), but it’s not for production. It it - or would - just be accelerating depletion of natural resources and emissions of greenhouse gases
- Countries are catching up? Not even El Salvador trusts Bitcoin as a currency anymore.
- Unless you’re paying and being paid by everyone in Bitcoin, you’d need intermediaries.
I get why you may be attracted to the fundamental concept. But the plain economic reality is that hardly anyone accept Bitcoin. You aren’t going to buy a bus ticket, train ticket, flight ticket or fill your tank with Bitcoin (not without intermediaries, that is).
A Swiss court has now said the FINMA AT1 write-down lacked legal basis, just for starters. Government unilaterally benefit from “rules” like market suspensions. A tokenized bond market 24/7 decentralized market would have given back some power to the people.
If you mention FTX or Mt.Gox you need to educate yourself on DeFi. Cannot trust anything centralized. Your money, your call. Best of luck.
