Bitcoin treasury companies are the new altcoins
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companies Bitcoin are treasury new altcoins the
New and improved
Wait until altcoins adopt bitcoin treasuries.
Worse they have the possibility of bailout
Seeing Mallars turn to the dark side was unexpected.
Buts human nature, we all want MOAR.
Bitcoin treasury companies’ investment thesis boils down to: ‘We’re buying Bitcoin, so you should invest in us.’
However, this raises the question: Why would I take on additional risk by purchasing equity (or debt) in the company instead of simply buying Bitcoin myself?
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Indeed...
Terra already tried that
Hot take, Terra could have made it if they launched in 2023.
I think XXI is gonna be more than just a "bitcoin treasury" company. Reading between the lines of what Jack says during this, I'm interested to see what they do. Cautiously optimistic XXI be a net positive for the space. 
Fountain
What Bitcoin Did • ORANGE PILLING WALL STREET W/ Jack Mallers • Listen on Fountain
Jack Mallers is the Founder and CEO of Strike, and the Co-Founder and CEO of 21.
In this episode, we discuss the breakdown of the post-WWII monetar...
Disagree cuz I think their algo-stablecoin was doomed to fail regardless. Hot take achieved tho 😂.
Ahem… alt coins, you say?
Or: future bitcoin backed ecash mints with proof of reserve (not saying I like it)
My prediction:
Tether will eat Dollar
Bitcoin/ecash will eat Tether
Hope we will run hundert thousands of smaller and decentralized bitcoin backed ecash mints.
Cashu treasury reserve next?
“Why buy BTC when you can buy MSTY”
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Totally
Fact
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Or
Centralized authority in a decentralized world.
Devs that create literal altcoins in the form of ecash tokens don’t have the moral high ground to say this. Some (maybe even most) of these companies might end up being shitcoin companies that will play the fiat ponzi games, but bitcoin on the balance sheet of companies is literally the early stages of hyperbitcoinisation. Let’s all remember that many early adopters of Bitcoin also didn’t hold their own keys, until Mt. Gox taught them that lesson the hard way. There’s no reason to expect different behaviour from corporations at this point.
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And so called "bitcoiners" simping for these companies are the new shitcoiners. They must be ridiculed.
Nice to meet you friend 🤝😉
That's right 🤷♂️😉
I get your meaning.
However, they are more of the new Atlantic Computers plc.
(Then again, its more complicated than that.)
Very nice thought
💯
I did appreciate Stacy saying , "Buy Bitcoin, not he proxies" during her and Max's presentation at Bitcoin 2025 last week.