I don't think it's a bad thing if non-crypto companies buy BTC with corporate treasuries, as long as they understand under no circumstances can they sell
Ultimately all blockchains have one killer use case and that is speculation
They’re mostly perfect substitutes for each other; UI/UX, liquidity, and developer tooling are the only things that separate them. Userbases migrate to the best product
The three biggest ways people screwed up Hyperliquid:
1. Not buying enough (treating it like any other altcoin) 2. Buying value traps like Maker instead 3. Betting on the other perp dexes, which have all been steamrolled by now
It’s funny how the time dot fun coins are supposed to have utility (calls, groupchats etc) but really they’re just efficient vehicles for people to gamble on and those features don’t seem to get much use