Great episode. Seems clear Mr. Chanos does not agree that other btc treasury co. competition is beneficial, not burdensome, to MSTR - which seems like the flaw in his argument, that Pierre nailed
Great debate between nostr:nprofile1qqstn8du5qvy5vkw2kgyevn8kghyxjpre9l5rrekmt6a9hlsm4a4cfcvh2khc and Chanos, astutely moderated by nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqce0wa2 🙌
Don’t miss this one 👇
Discussion
💯 I noticed that as well. Pierre is a maverick!
Depends on dose and path. Look at what happened in 1920s. https://bewaterltd.com/p/bitcoin-treasurycos-lessons-from
Bitcoin breaks this analogy with real underlying value. Also, I don’t think size of additional players or path matters, MSTR dominates total BTC supply for corporations so more buyers (via treasury co or other) driving up price is good for MSTR regardless.