Gareth Jenkinson
· 21w
Why are so many Bitcoiners skeptical about Bitcoin Treasury Companies 🤔
🤯 Hard to understand financial engineering
💹 Share shilling tied to BTC
Bitcoin OG nostr:nprofile1qqstn8du5qvy5vkw2kg...
Because it is simply not necessary.
A strategy that will slow Bitcoin adoption is by using treasury companies to lock up a lot of the supply. (Along with a healthy dose of paper to suppress spot price). If P2P is taken away it is no longer a money for crisis.
I don't understand how Bitcoin OGs cannot see this outcome
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