>>60637519
>What happens when BTC backed treasuries are more common?

lol you mean graduates from the the Saylor School of High Finance? "Hoard BTC, produce no actual goods or services, profit!"

>How much of the S&P is legitimate? And how much is driven by “unsustainable profits”?

Productive businesses are legitimate, their profits are generated by paying customers and clients, if you invest in one your wealth grows in tandem with growing economic activity.

>BTC is actively trying to overcome its uselessness as a utility

So BTC is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.

>becoming inextricably linked with the American financial world through treasuries and plenty of other products

Smoke and mirrors, my boy. Nothing of value is actually being produced here, these firms borrow fiat to buy crypto then use those highly volatile assets as collateral to borrow even more fiat and then, finally, they acquire other companies still using debt!!! Traditional bidnizes secure debt based on predictable earnings, whereas crypto treasuries rely on speculative price gains, using crypto as collateral for sustainable growth is structurally mismatched.

This model is essentially a debt-fueled house of cards. It relies on perpetual price growth in volatile markets paired with cheap, easy credit, conditions that are rare and short-lived. Once market sentiment shifts or credit tightens, the model collapses, often quickly and painfully.

https://coingeek.com/crypto-treasury-companies-first-borrow-then-sorrow/

>You either embrace MODERN finance or you will die.

This isn't finance, this is smoke and mirrors.

> We need strategic thinkers not just porcfest losers pretending their little tchotchke market is going to contend with the derivatives industry.

Translation: my lazy ass yearns to get rich quick by hoarding a lil XMR as opposed to being productive, working hard and earning a lot of XMR.

>Holy fuck I hate you

:)