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seth / Seth
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2024-11-20 14:12:13

seth on Nostr: I get that companies like Space X and Tesla have Bitcoin as a treasury asset. They ...

I get that companies like Space X and Tesla have Bitcoin as a treasury asset. They also manufacture tangible things that provide economic value.

I still struggle to see what Microstrategy does and how them selling paper to acquire more Bitcoin brings any economic value. Something eventually breaks with this model.
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