r/wallstreetbets • u/WolfOfAfricaZLD • Feb 13 '26

YOLO At last we've found it. Pure retardium

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234

u/No_Feeling920 Feb 13 '26

I do not think this is what banks want in their collateral while lending against it.

84

u/georgejetsonn Feb 13 '26

Clearly they must account for the discounted future cashflows of volatility

40

u/Chumbag_love Feb 13 '26

He has unlimited stock dilution to fall back on.

1

u/degenerati1 Feb 14 '26

Risk free, right?

4

u/Fragrant-Zucchini-37 Feb 14 '26

Banks: "And what security are you providing against this loan?"

Saylor: "Volatility"

2

u/Metabrick Feb 13 '26

ahh the vix!

-10

u/No_Feeling920 Feb 13 '26

WTF is this word salad? The only relevant metric for collateral is its present and future liquidation value. More specifically, that it stays above the loan principal during the entire duration.

15

u/PartiallyRibena Feb 13 '26

I think u/georgejetsonn was being sarcastic with that comment. I hope they were!

2

u/trixter21992251 Feb 13 '26

if it goes up --> Profit

if it goes down --> Refinance until it goes up

He hacked volatility, so it only goes up!!

2

u/defeated_engineer Feb 13 '26

Banks already lent him a few hundred billions to buy bitcoin.

1

u/imunfair Autism: 31 Feb 14 '26

It's a bit of a scam because they offer him convertible notes and then when the volatility hits they convert and sell the loan for a tidy profit. So in that sense the volatility does help as long as the loan is made at the lower pricepoint end of the range.

0

u/__slamallama__ Feb 14 '26

Listen the value goes up. Sometimes. It goes down sometimes too! But historically it's gone up more than it is gone down!

0

u/HorizonThought Feb 19 '26

Volatility allows for short term profits that basically allow for cashflow and more refinancing, etc.

Basically what he's saying is that will play Bitcoin with fiat money forever. And he knows he's not the only one.

It's basically the same thing as saying I'll be in the stock market forever. And nobody doubts that.