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Yeah they didn’t go crazy with it but look at their competitors (PayPal, SoFi, Robinhood) they have way more bitcoin then they do and plus they have the POS business. If Bitcoin ever becomes a MOE they have the corn and the tech to capture fees paid with bitcoin.

122 sats \ 2 replies \ @ek 2 May 2025

Is holding bitcoin a moat if anyone can buy bitcoin?

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If no one else will, sure.

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Yeah because bitcoin they buy and hold is bitcoin another company can’t access.

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