Why You Should Care About This War Over the Future of Money


The crypto world is noisy. If you like a true believer, this will only say that this is the beginning of the financial revolution. Ask skeptic and they will swear we can infect a bubble, swell in real time, we can open in any second. This is now playing in a folk demonstration between the two of the biggest names in finance now.

Michael Seylor and Jim Chanos are two men with very different visions of the future and are now in the open battle of X (previously Twitter).

Microstrategiya (now rebrandated as a strategy) Co-co-worker and Executive Joint Venture Seylor, a few years a few years dried a Bitcoin Holding vehicle from the software company. The strategy is now worth about 592,345 bitcoin, ten billion dollars, so Bitcointreasouries.net. And it doesn’t stand there. Saylor Bitcoin thinks not only a digital asset, but is a form of money energy that will replace money, gold and maybe government bonds.

On the other hand, the name of the legendary short seller Jim Chanos who bet on the name Enron and win. Now warns that all Microstrategy’s Bitcoin Pivot is based on the hype, not the main.

Both collide with the latest movement of Saylor: New digital securities start – Tickers such as $ StrK, $ Strf and $ Strd, “Driving credit markets digital conversion of credit markets.” These are a block-based financial instruments of Microtrategia’s Bitcoin Holdings, and they are sold as the next generation alternatives of the traditional debt.

“$ MST manage the digital conversion of credit markets,” Saylor said in X, which coordinates the presentation material on these new securities.

Chanos fired immediately like distractions.

“The current $ MST represents less than 3% of the current $ MSTRA ($ 120B) until you want to push the narrative of your choice.”

So what does it really happen here?

Saylor company, strategy, the most aggressive Bitcoin treasure company in the world. This simply means a public company that decides to hold Bitcoin in the balance sheet instead of traditional money reserves. Apple Balance report decided to catch Bitcoin instead of the dollar. Follow $ StrK, $ Strf and $ Strd like new digital securities, corporate bonds or preferred stockings. However, instead of releasing and monitoring the wall street, they are available on the blockchain. It can be programmable, immediately monitored and theoretically makes it more efficient to trade.

Saylor, it believes in the future of corporate finance: the companies have raised money and investors directly using Bitcoin and Blockchain “Rails” and other members of the Money. This is an attempt to reconstruct the entire financial system using the open source code instead of the visual, defense or centralized finance, goalkeepers.

On the other hand, Chanos sees it as a bright new crypto toy that does not move to distract him and moves the needle. His argument is that these new digital assets, these new digital assets, the total enterprise value of the strategy (home) is nothing to justify the $ 100 billion dollar market capital. Vision.

This struggle is more than more than one company. Fights the future of money.

If Saylor is right, we could have more company’s Bitcoin in favor of Bitcoin, the wall street has reconstructed from scratch and re-established. But if Chanos is right, it is all smoke and mirrors and the strategy is zero for the next great crypto collapse.

Saylor likes the future and fortune in Bitcoin. Chanos bets that the future is not available.

One of them will be a spectacular mistake.





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