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54 sats \ 3 replies \ @grayruby 8h \ on: I'm Gonna Sell a Pound Coin For More than £1 (Financial Times, Bryce Elder) econ
FT seem really obsessed with slagging Bitcoin treasury strategy. I am critical of it too. Does this mean they have graduated from slagging Bitcoin itself?
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40 sats \ 0 replies \ @denlillaapan OP 6h
a kid can dream, eh
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50 sats \ 1 reply \ @SimpleStacker 7h
He made a great case for owning bitcoin itself.
Tokens on a company balance sheet may or may not be held by a third-party custodian, whose statements the auditor might or might not consider reliable. A company choosing self-custody is under no obligation to make its wallet addresses public, and might not be honest about who else has access to the private keys.
Sounds a bit like bank deposits to me!
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0 sats \ 0 replies \ @grayruby 6h
Very true.
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