Its volatile, but first principles says volume should shake this out over time as it scales and becomes adopted. For now, its an asymmetrical bet with more ups

Its volatile, but first principles says volume should shake this out over time as it scales and becomes adopted. For now, its an asymmetrical bet with more upside than downside. For the right company (Apple? Tesla?), buying in basically guarantees instantaneous capital appreciation as it signals an endorsement to the market. I don't think a large co. buying is necessary for Bitcoin to keeping growing, but if it does, game theory suggests other treasuries will look at that action and say, "well, why not us?"