JUST IN: Twenty One Capital CEO Jack Mallers says "we do intend to raise as much capital as we possibly can to acquire #Bitcoin" 💥
Discussion
Everyone seems to be fawning over this but I just don’t get it. How are Bitcoin holding companies productive to society? Isn’t this just the kind of fiat gamesmanship we’re trying to get away from?
This isn’t some anti-Jack thing or sour grapes. I like Jack, but I don’t see how this is supposed to actually create value in the world.
These are genuine questions by the way, if there’s something I’m missing or I’m wrong about I want to fix that.