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Can someone tell me how this differs from what McAfee 2.0 (Michael Saylor) is doing as we speak?

by lavezzi 6y ago

sgpl 6y ago
It differs in that: he's not dumping it and his company is following proper public disclosure guidelines.
- lavezzi 6y ago
  1) MicroStrategy is taking a substantial position in BTC before disclosing publicly. Subsequently he is on a PR tour de force telling everyone and their mother that they need to invest in BTC. That seems pretty similar to what McAfee was doing. 2) On 2-12-21, MicroStrategy transferred 50,000 shares of Class A company stock to Alcantara LLC, of which Saylor is the sole owner. Until that date Alcantara hadn’t received any MicroStrategy stock, or any other securities, since March 2012. These 50,000 shares have been transferred by the LLC "as a gift" to a charitable foundation for no consideration. What evidence do you have that he isn't "dumping" it?
  - sgpl 6y ago
    I'm sorry but how's transferring his company stock to some LLC evidence of dumping? This is done all the time for a litany of reasons. Anyways since you want evidence, you're welcome to check the company's disclosures to see that they aren't dumping bitcoin, in fact they seem to be buying more [1]. This disclosure is from today (5th March 2021). As for the gift of shares to a charitable foundation, Michael Saylor has been funding the Saylor Academy [2] since 1999 so it seems like it very well could be for that or another valid charitable cause. It's also not evidence of dumping. [1] https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-10m-in-bitcoin-at-average-price-of-48-888_03-05-2021 https://www.microstrategy.com/en/investor-relations/financia... [2] https://en.wikipedia.org/wiki/Saylor_Academy https://en.wikipedia.org/wiki/Saylor_Academy
    - lavezzi 6y ago
      He's marketing his own company's stock as an investment vehicle for Bitcoin, shilling Bitcoin, and then dumping his own stock. He's clearly not planning to dump Bitcoin, otherwise the whole plan goes up in smoke. Seems like a pretty sweet setup for an experienced fraudster. https://twitter.com/michael_saylor/status/1337556890742624259 https://twitter.com/michael_saylor/status/133755689074262425...

Can someone tell me how this differs from what McAfee 2.0 (Michael Saylor) is doing as we speak?

sgpl 6y ago

It differs in that: he's not dumping it and his company is following proper public disclosure guidelines.

lavezzi 6y ago
1) MicroStrategy is taking a substantial position in BTC before disclosing publicly. Subsequently he is on a PR tour de force telling everyone and their mother that they need to invest in BTC. That seems pretty similar to what McAfee was doing. 2) On 2-12-21, MicroStrategy transferred 50,000 shares of Class A company stock to Alcantara LLC, of which Saylor is the sole owner. Until that date Alcantara hadn’t received any MicroStrategy stock, or any other securities, since March 2012. These 50,000 shares have been transferred by the LLC "as a gift" to a charitable foundation for no consideration. What evidence do you have that he isn't "dumping" it?
- sgpl 6y ago
  I'm sorry but how's transferring his company stock to some LLC evidence of dumping? This is done all the time for a litany of reasons. Anyways since you want evidence, you're welcome to check the company's disclosures to see that they aren't dumping bitcoin, in fact they seem to be buying more [1]. This disclosure is from today (5th March 2021). As for the gift of shares to a charitable foundation, Michael Saylor has been funding the Saylor Academy [2] since 1999 so it seems like it very well could be for that or another valid charitable cause. It's also not evidence of dumping. [1] https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-10m-in-bitcoin-at-average-price-of-48-888_03-05-2021 https://www.microstrategy.com/en/investor-relations/financia... [2] https://en.wikipedia.org/wiki/Saylor_Academy https://en.wikipedia.org/wiki/Saylor_Academy
  - lavezzi 6y ago
    He's marketing his own company's stock as an investment vehicle for Bitcoin, shilling Bitcoin, and then dumping his own stock. He's clearly not planning to dump Bitcoin, otherwise the whole plan goes up in smoke. Seems like a pretty sweet setup for an experienced fraudster. https://twitter.com/michael_saylor/status/1337556890742624259 https://twitter.com/michael_saylor/status/133755689074262425...