WendyDing on Nostr: Back in 2017, I was at a secondary market fund. My boss firmly rejected the ...

Back in 2017, I was at a secondary market fund. My boss firmly rejected the cryptocurrency sub-sector, saying it was too chaotic to touch. Fast forward to last year, they jumped into the game of RWA and DAT, saying: Now the real game begins.

quoting note1rn8…k82p

There should be a name for when the market overvalues your company so much that you print new shares to buy bitcoin to justify that crazy paper valuation with real assets. Is that some type of shareholder valuation insurance? People have done this with land/gold/etc, but they never had a name for it. Isn't that how holding companies usually operate? Maybe it is just the same old "arbitrage". It's just too generic. AI doesn't seem to know a name.. so.. perhaps we need to choose one for these newer times.