@TheDesertLynx Yep. If regs were good they would also jail these KYC/AML clowns for false positives. But they've intentionally skewed the incentives for a very sinister reason
@metaplanero This makes no sense. Buybacks are immediately BTC per share accretive. BTC purchase gets you one BTC. If there's an allocation ceiling, split it. Ffs, this is not hard math.
@mert Yeah no formal verification will not eliminate exploit risk. We got one or two years of hell once mythos and cyber go mainstream. Whoever makes it out the other side wins
@GeorgeSheety@MilkRoad@TrustlessState Even the 90 to 60 framing is wrong because how much of that 30 points is down to VC incentives? Ethereum holding 60 despite everyone else throwing money at users is actually LT bullish
@metaplanero Gerovich must break the social contract and sell some BTC to get the mNAV back to 1 again. Else, the market will price Metaplanet as a stranded asset because that's what it is.