Post
Topic
Board Bitcoin Discussion
Re: Gamestop (GME) adds Bitcoin as a reserve
by
The Sceptical Chymist
on 27/03/2025, 06:46:38 UTC
Hopefully their plan to invest in bitcoin is not just temporary, but a long-term plan.

Probably, since their current business plan is a sure-fire recipe for bankruptcy (if it's still based on physical games; I'll admit I haven't been keeping up with them).

I know Michael Saylor is a true believer, but I'm not sure if it's really a good thing for big companies/governments to be scooping up a lot of bitcoin.  For some reason it leaves a bad taste in my mouth--probably because IMO it goes against what bitcoin was created for, i.e., money for the people and not some ploy to keep a dying video game retailer relevant and solvent.