Mischa on Nostr: If MicroStrategy’s Bitcoin holdings generate more profits than the world’s ...
If MicroStrategy’s Bitcoin holdings generate more profits than the world’s largest companies, it could lead to significant issues. If Bitcoin’s value rises to several million as we think and investors shift from productive assets to an “unproductive” MicroStrategy, what capital will remain for production? Will governments truly refrain from intervening? If trust in the USD collapses, wouldn’t governments seize Bitcoin from a company profiting solely from financial strategy?
I don’t know the answer but would approach this cautiously.
Published at
2024-11-22 05:00:34Event JSON
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