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.
I think it is only positive for Bitcoin, I dont give a $hit for Gamestop or any other
big business. I think it was only a matter of time before investment companies and
traditional financing got interested in Bitcoin, its so attractive
(it was always so attractive
ots just most couldnt see it)I wonder if Satoshi ever envisioned a 2025 where institutional investment
companies and the like would be interested in Bitcoin?
Anyway, Bitcoin can still be money for the people, its just the people will only
be using Satoshi's.