Post
Topic
Board Economics
Merits 2 from 2 users
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
fillippone
on 03/07/2025, 21:38:47 UTC
⭐ Merited by Ambatman (1) ,JayJuanGee (1)

Some folks speculate that Ethereum has addressed this matter by having some inside connections with various governments and/or financial institutions, yet upon real reflection, it seems crazy that anyone would consider that the inside connections are going to resolve the issues, because the end game ends up resulting in questions regarding who are the insiders that are controlling the supply and/or the issuance of the secret coins and therefore able to benefit from the insider connection and screw up the remainders.  More or less it is the scheme of the current system, and difficult to imagine any way that is is not going to turn out badly... even if it could take a while and get some temporary propping ups (or additional propping ups from whatever current behind the scene proppenings are happening).

I recently saw a lot of bullishness on Eth treasuries, based on the assumpion they ccan easily trade at 7x NAV.
I am not buying that: I don't like Strategy trading 3 times the NAV, i cannot think about a shitcoin treasury trrading 7x NAV.
I stronlgy discourage investing in such a vehicle.