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150 sats \ 16 replies \ @grayruby 23 Apr \ on: Jack Mallers Named CEO Of Twenty One Capital, Plans To Launch With 42,000 BTC bitcoin

Very odd considering he is already CEO of Strike which is not a fully developed company.

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40 sats \ 8 replies \ @kepford 23 Apr

What is odd about it? And what is a fully developed company? What do you mean?

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299 sats \ 6 replies \ @grayruby 23 Apr

I mean they are still expanding to new markets and into different product offerings. One would presume Strike would eventually like to be public. So it is odd that the CEO of a company still in growth mode would split time on another venture. I think when Dorsey split time between twitter and square, twitter was a much larger and more mature company than Strike is. Strike is still a startup.

@BlokchainB is an investor. How do you feel about Jack not focusing 100% on Strike?

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198 sats \ 2 replies \ @kepford 23 Apr

Thanks. I suspect the $$$$ are the reason. Mallers is confident and he may be making a mistake. Maybe not.

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53 sats \ 1 reply \ @grayruby 23 Apr

He has youth on his side.

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40 sats \ 0 replies \ @kepford 23 Apr

Indeed

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93 sats \ 2 replies \ @BlokchainB 23 Apr

Jack is a smart guy and he talks about being an avid chess player.

Maybe he is playing 4d chess to beat Jamie Dimon in his arena. He’s coming in with some major players with connections and deep pockets. So I have a hard time believing he will just abandon strike but I do think the fiat printer can cloud judgement which is a bigger risk.

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142 sats \ 1 reply \ @grayruby 23 Apr

I am not suggesting he isn't going to do well at 21 just that it might negatively impact Strike's potential.

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97 sats \ 0 replies \ @BlokchainB 23 Apr

I agree

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21 sats \ 0 replies \ @kepford 23 Apr
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56 sats \ 2 replies \ @DarthCoin 23 Apr

nothing to see here, just more fiat maximalism...

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10 sats \ 1 reply \ @Eghigc 23 Apr

Isn't this just paper Bitcoin Darth?

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46 sats \ 0 replies \ @DarthCoin 23 Apr

worst than that... is even creating more fiat (debt) by selling that paper btc.... instead of destroying fiat, they sustaining it...

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61 sats \ 2 replies \ @Coinsreporter OP 23 Apr

Odd but their plans are big. To me the bigger surprise is Tether's more and more involvement in Bitcoin in recent days.

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33 sats \ 0 replies \ @elvismercury 23 Apr

Tether has been deeply involved in btc since the beginning. Few companies stand to benefit more than they from btc appreciation.

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0 sats \ 0 replies \ @j7hB75 23 Apr

I agree.

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10 sats \ 0 replies \ @ndBlindDog 23 Apr

Well 21 Cap doesn't make anything. No shipping, no receiving, few if any employees. Its a Show About Northing!

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