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I'm convinced this is part of what's driving corporates allocating parts of their treasury in BTC, as brought into mainstream consciousness by Microstrategy/Say
by 3np 6y ago
I'm convinced this is part of what's driving corporates allocating parts of their treasury in BTC, as brought into mainstream consciousness by Microstrategy/Saylor and Tesla/Musk. They have certainly brought this into the consciousness of CEOs, CFOs and board as "something you can do".
Debt is cheap, there is a growing concern on the ability of the USD (and others for that matter) to retain its long-term value and BTC can be used as collateral for fiat loans to gain liquidity while still being exposed to BTC.
In case anyone missed it: https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit https://www.microstrategy.com/en/resources/events/world-2021...