You just might be right: If you don't understand bitcoin, you won't buy Strategy's financial products. If you do understand bitcoin, you will just buy bitcoin.
Maybe...but STRC is $3 billion and growing.
I don't think banks, insurance, and tradfi in general will understand bitcoin any time soon, when only .001% of the population does. Even if they did, they can't meet short term fiat liabilities with bitcoin as a treasury asset. Yes they need some bitcoin, but they would need a small percentage for growth, and a large percentage of more stable assets to meet shorter term obligations. That is, in today's fiat world, not in a bitcoin future.
You just might be right:
If you don't understand bitcoin, you won't buy Strategy's financial products.
If you do understand bitcoin, you will just buy bitcoin.
Maybe...but STRC is $3 billion and growing.
I don't think banks, insurance, and tradfi in general will understand bitcoin any time soon, when only .001% of the population does. Even if they did, they can't meet short term fiat liabilities with bitcoin as a treasury asset. Yes they need some bitcoin, but they would need a small percentage for growth, and a large percentage of more stable assets to meet shorter term obligations. That is, in today's fiat world, not in a bitcoin future.