menemenetekelufarsin t1_itw17pk wrote
Reply to comment by dubBAU5 in Alphabet is ramping up scrutiny of all its projects and cutting hiring in half as it tries to curb costs by chrisdh79
This is what all tech money has been doing - converting from "fake money" (esp. highly overvalued stocks, etc) to real money. Same same with crypto. They are all following the McDonald's strategy. They can offset the leveraged-purchases on their balance sheet for tax reductions, and then end up owning all assets. This is kind of how we got where we are.
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