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102 sats \ 2 replies \ @optimism 13h \ on: Further explorations at the frontier of Bitcoin Treasury Companies bitcoin
I listened to a whole 5 seconds then I shut it off, lol.
Yeah, that's called association scamming. If there is a future, and I personally think there will be, despite all the scams, will history really be nice upon those forwarding the assertion that you're associated with Bitcoin because you bought some off an OTC desk, with investor money from your printed stonks?
I think I was surprised that they ended up with any bitcoin at all. when I originally heard about them it reeked so badly of scam, I was a little pejorative in my writing.
I'm still very curious how these kinds of companies are holding their coins. My assumption is on an exchange or with a custodian like Anchorage. But I wonder if any will buck that trend.
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I have admiration for your willingness to go through it and check it out, knowing that these are scams. I personally don't have the energy at the moment.
I was wondering why Mags was platforming this, but her bird app bio says she's an advisor there now. I guess gassing tires and hooking up your miners to that isn't deemed sexy anymore. I'll gladly be off-consensus on this though.
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