A recent bill passed in Texas aims to allow students to use bitcoin as payment for college tuition. The move is seen as a response to the growing trend of cryptocurrencies and their increasing acceptance by businesses.
In addition to this, Bally’s Chicago has paused its plans to go public after receiving criticism from investors. Meanwhile, MicroStrategy has announced it will pause its expansion plans due to market volatility.
The concept of allowing a company’s leaders to make their own decisions in pursuit of a vision is being explored through the lens of Bitcoin and prediction markets. This approach can be seen as both beneficial and risky for shareholders.
One possible scenario involves investing in a company with a radical long-term vision, despite potential risks. In this case, the investor would give the company complete creative freedom, trusting that its leaders will make decisions that ultimately benefit shareholders. However, this approach requires careful consideration of risk and reward.
Source: https://www.bloomberg.com/opinion/articles/2025-02-03/texas-tempts-meta