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Bloomberg’s Monique Mulima joins Katie Greifeld and Isabelle Lee on “Bloomberg Crypto.” Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors.
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15 thoughts on “Bitcoin Treasuries Shed $62B in Deepening Crypto Rout

  1. BTC is off 50% and the next in line, ETH ,is off 63% from very recent highs. Some bought near the highs and hold positions with these massive losses. Both are placed as alt. to USD. The dollar is strong as it's forced to offer high rates on debt to avoid a default. USD is the best bet in a field of other horrible choices.

  2. It does have use cases: ideal for ransoms, illegal transactions, evading sanctions (like Iran), even as the primary vehicle for grift in the Trump administration. So many use cases. It can even work as a currency in countries with no viable currency and a collapsing government.

  3. It’s funny how bitcoin was used specifically for the dark web. Now they want to implement it everywhere. It’s almost like they want to make everything like the dark web.

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