Post
Topic
Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
avp2306
on 04/07/2025, 00:12:11 UTC
⭐ Merited by 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.


I guess they have this thinking like if they can create a Bitcoin Reserve why not do it on the top 2 coin in the market which is ETH?

And I also think there's some institution create a hype on it that's why this ETH reserve has been in lot of discussion.

This is the top companies that create a ETH reserve https://99bitcoins.com/cryptocurrency/ethereum/top-holders/

Maybe they want to hype ETH for their personal gains and want to earn success just like what MicroStrategy did in Bitcoin.