Exactly and how bitconers laugh and dunk on bitcoin treasury companies because they lost 99% of their fiat price. But yet those same very companies have a massive stack of Bitcoin that none of will ever achieve.

The market is mis-pricing bitcoin on mass. 

Thus Bitcoin treasury companies sold off.

In a post Bitcoin world people will still need credit to try and solve problems and return a profit for doing so.

I think certain bitcoiners are motivated by hatred for the current system.  It's understandable, but it would be nice if they could move beyond that.   I feel the same way about a lot of socialists... they hate the system, which is understandable, but I wish they'd dive deeper in their thinking beyond hate, and instead thinking about the different parts of the system and where it's good and where it's bad.

SimpleStacker

Corporations often suck. But this is largely due to the incentives of having to buy off the leach class to avoid being legislated out of business. Since man is a evil greedy race we will always have bad companies but in a rigged system they are worse. 

I'm with ya. Freedom means you have markets, companies, and financial systems. It's dumb to think they will stay the same in a post bitcoin world but also dumb to not see the value.

Exactly! I was reading Saifs book and what keeps America  from being full blown communist is the stock market and the deep capital markets.

The price signals and weak enforcement has turned markets into a casino. The fact [ford](https://stacker.news/items/1318855/r/BlokchainB) is still in business with its debt load is ridiculous. So many other zombie companies that get the nod to access public markets is also a major problem.

This is why I push back against hard core maxis like Darthcoin. His hate for companies is misplaced!

Plus people have no idea the incredible risk these companies take and how they are constantly getting sued.

BlokchainB

People forget why the stock market exists. It’s an opportunity for companies to raise money and grow their business and hopefully return the capital to the investors via dividends or appreciation.

I admit I don't know much about the vehicle of Saylors but this statement is very true. I'm often surprised how many bitcoiners seem to not understand the merits and value of stock markets.

Of course fiat distortion is a factor but they predate fiat pumping. Even during more sound money times stock markets held merit. Fiat simply has forced people into the markets that in a sound mk ry world would simply save in bitcoin or whatever money. Gold or gold backed money.

I think a significant number of bitcoiners didn't learn economics in either the classical or Austrian schools prior to finding bitcoin and it is just showing up here.

We get into this weird space where people seem to want sound money and freedom but don't want stock markets which you can't stop if you have those two things.

bitcoin

Stacker_Stocks

Saylor's $STRC: The Bitcoin Put

bitcoingraffiti

>  People forget why the stock market exists. It’s an opportunity for companies to raise money and grow their business and hopefully return the capital to the investors via dividends or appreciation.

I admit I don't know much about the vehicle of Saylors but this statement is very true. I'm often surprised how many bitcoiners seem to not understand the merits and value of stock markets. 

Of course fiat distortion is a factor but they predate fiat pumping. Even during more sound money times stock markets held merit. Fiat simply has forced people into the markets that in a sound mk ry world would simply save in bitcoin or whatever money. Gold or gold backed money. 

I think a significant number of bitcoiners didn't learn economics in either the classical or Austrian schools prior to finding bitcoin and it is just showing up here. 

What do you think?

We get into this weird space where people seem to want sound money and freedom but don't want stock markets which you can't stop if you have those two things.