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“We want to be the ultimate vehicle for the capital markets to participate in Bitcoin… building on top of Bitcoin,” said Mallers in an interview. “So we are a Bitcoin business at our core.”
So disingenuous to imply they're building anything but financial paper engineering on bitcoin, because depending on the audience they'll tout how "pure" their financial paper engineering is. The biggest names in bitcoin, expect a few, have all turned into perception engineers, plausibly deniable con artists. Roger Ver isn't an anomaly. He's what happens when bitcoiners seek infinite gains despite running out of value to provide.
100 sats \ 1 reply \ @BlokchainB 5h
Yup strategy opened the flood gates. A few businesses sweep operational profits into bitcoin but most are just using it to play in the fiat sandbox
But this is expected with an open protocol but calling it building on Bitcoin when no actual development is happening on or around the protocol is disingenuous.
But that is how Jack speaks
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123 sats \ 0 replies \ @k00b 5h
He's an expert at speaking this way which is really awesome when it's designed to lead people rather than mislead people.
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33 sats \ 1 reply \ @anon 14h
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44 sats \ 0 replies \ @k00b 14h
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perception engineer
I like that term...
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