I find it ironic that the of return that underlies the treasury model business requires Bitcoin to be a currency and that their own businesses impair that outcome.
If they want to get away with the d...
The treasury company model, at least in its current form -- loaded up with preferreds -- requires NGU, and by a lot.
Are you saying that, for the price to increase a lot, we need bitcoin to be used for payments?
The problem, I think, is medium of exchange will benefit from less volatility. But number go up (a lot) needs volatility.
So, do the treasury companies really want to push a medium of exchange narrative? I dont think so? 🤔
Are you saying that, for the price to increase a lot, we need bitcoin to be used for payments?
The problem, I think, is medium of exchange will benefit from less volatility. But number go up (a lot) needs volatility.
So, do the treasury companies really want to push a medium of exchange narrative? I dont think so? 🤔