Treasury companies are the exact same thing as LUNA/UST, they just call the UST part “mNAV”.
IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊12.8. klo 20.19
So basically: - Saylor sets the playbook for treasury co’s by buying a ungodly amt of BTC based on investor demand - is the only one to do it for ages - it turns out he was building the greatest number go up tech ever - ETH bros see this and decide “why not us too ETH is good and less emissions” - even better number go up tech - we psyop the entire world into believing both of these are great and the boomers pile trillions in - a bunch of mid-tier tradfi KOLs spin up t-cos for a bunch of assets literally no one wants - those all go up to - eventually the whole thing blows up and we all go to 0 So basically treasury companies are like memecoin pvp for Wall Street
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