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0 sats \ 0 replies \ @bitalion 11 Sep 2024
That's all very well, but increasingly the focus that is being given to bitcoin is not what it really should be. Bitcoin was created as a currency, an alternative to the dollar.
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0 sats \ 3 replies \ @south_korea_ln 11 Sep 2024
Aren't they like a zombie company? Not sure where i read this, so maybe I'm wrong.
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99 sats \ 2 replies \ @Recongraves 11 Sep 2024
I think Michael saylor's idea was if you're a zombie company to do this and pull yourself out and let your holdings be your production rather than anything you produce
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21 sats \ 1 reply \ @south_korea_ln 12 Sep 2024
I see. Didn't know he explicitly said that. Not sure how all this is going to pan out in the future. It's all banking on the fact that bitcoin will keep going up in value. If you don't have any other source of income as a company, that's quite risky and speculative in my opinion.
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0 sats \ 0 replies \ @Recongraves 12 Sep 2024
Your right there. I think he's leaning on what Jeff booth says about deflationary terms...like AI and robots making stuff and low cost and work changing. Like some stock company say they have no idea what a company will looking like in 20years
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