Strategy’s Future Hinges on Bitcoin Becoming a Real Currency: Jeff Booth
Bitcoin investor and Ego Death Capital co-founder Jeff Booth has said that Strategy’s long-term survival comes down to one condition: BTC has to work as an actual currency, not just sit on a balance sheet as an asset.
Booth made the case in a wide-ranging interview with Scott Melker, and it ties the fate of the world’s largest corporate Bitcoin holder directly to whether BTC itself moves beyond being just another financial holding.
Why Strategy Needs Bitcoin to Become Money Booth told Melker on The Wolf of All Streets that Strategy needs Bitcoin’s development as a currency to happen alongside its growth as an asset. Without that shift, he believes the company could face a very different outcome.
“For Strategy to do well long term, the yin and yang has to happen together,” he said.
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