it would be hard to think of a more obvious example of #malinvestment than a bunch of companies rushing to turn themselves into vehicles to use borrowed money to buy bitcoin a la #MicroStrategy.

just in the past few weeks we've seen #HowardLutnick's sons launch one of these things with #Tether, MicroStrategy continuing to borrow and buy billions, #Metaplanet and Semler Scientific getting in on the action in a smaller way, this new David Bailey grift, and just yesterday the CEO of #Strive launched a plan to raid profitable companies with free cash and use their cash to buy bitcoin: https://x.com/thomas_fahrer/status/1920274883856249046

(we've even seen a logistics company announcing plans to borrow money to buy #TRUMP memecoins!)
https://www.theinformation.com/articles/david-bailey-advised-trump-crypto-plans-bitcoin-investing-firm

#DavidBailey #michaelSaylor #stockmarket #capitalism #uspol #uspolitics #TrumpCoin

Ok, I guess there aren't many #libertarians here, and the only way to find things is using hashtags, so let there be search results:

#libertarian #bitcoin #lightning #anarchist #mises #austrianeconomics #olavodecarvalho #malinvestment #shitcoin #brazil