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84 sats \ 3 replies \ @denlillaapan OP 11h \ parent \ on: The Year's Hottest Trade Crumbling (WSJ, Greg Zuckerman) econ
Saving ≠ financially engineer BTC acquisitions
I get it, but there may be a persistent mNav > 1 for a while just because having a bitcoin treasury signals not being retarded.
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Not necessarily, it can also signal trend following and greed for easy gains, which is usually not a good sign for a sustainable business
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For now, yes. I guess I'm imagining a transition period between fiat standard and bitcoin standard, when there's a penalty for being late to the program.
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