On July 14, Steve Hanke expressed on X that companies investing in Bitcoin treasuries are engaging in a risky gamble, arguing that Bitcoin has no fundamental value.
Hanke’s views resonate with Peter Schiff, who suggested that the logic behind crypto treasury investments exploits uninformed investors, labeling them as unwise.
Hanke further warns about the unsustainability of crypto lending, stating that current enthusiasm for Bitcoin lacks connection to its fundamental worth.
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