Yeah, I think long term most of these companies will fall by the wayside and won’t attract investment unless they provide real value in the world. For the time being though, as we are early even just offering exposure to btc in wider markets than previously available is being treated as valuable.
Discussion
I acknowledge that point. However, I feel this will do nothing other than usher in a new form of feudalism. I’m sure peasants in the past may have felt similar to all gold been swooped up and horded by lords that it gave them indirect exposure to gold and that they had an interest in it, just as long as they played their part.
I’m very sceptical of any benefit that will come of these paper BTC treasury companies . I for one am extremely sceptical of Saylor actually holding the number of BTC he claims