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67 sats \ 1 reply \ @SimpleStacker 11h \ parent \ on: Are Bitcoin Treasury Companies Ponzi Schemes? (Bitcoin Magazine, JB) econ
I wonder if these companies are gonna trigger the next bitcoin bear market
For my analogy to hold, they'll have to reach a combined market cap greater than bitcoin's.
But, yeah, if people decide that's stupid and trigger a sell off, then a whole lot of bitcoin will hit the market.
Or, more interestingly, the holders of the keys will skip town and set up island citadels in non-extradition locales.
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