(no title)
chill1
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5 years ago
I think you fundamentally misunderstand why a business might buy an asset like Bitcoin. It's certainly not to participate in a pump and dump scheme - as you seem to be alluding. It takes time for a corporation to build up a position in something like Bitcoin. And it will take time to unwind that position. This is clearly a long-term hedge.
NiceWayToDoIT|5 years ago