
Pathfinder|Jul 19, 2025 04:47
I can understand why listed companies use BTC as reserves, after all, it is digital gold.
Using ETH as a reserve can also be understood, as it is currently the most reliable choice for issuing stablecoins and putting assets on the chain.
But what's the point of choosing other messy garbage? The cryptocurrency industry is currently producing tens of thousands of new coins every day. Where is the value anchored?
I think both the US stock market and the financial market are sick, and liquidation may not be far ahead.
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