Bitcoin treasury companies is not “all I care about”
I’ve been promoting and funding Bitcoin adoption for almost 13 years and I’m the founder and CEO of Strike where Bitcoiners around the world can DCA for no fees and withdraw to cold storage for free.
To be honest, one of the reasons I founded Twenty One is because I want to be a part of Bitcoin’s inevitable intersection with the capital markets. I don’t trust that industry to share the same Bitcoin beliefs that I do
But you see how injecting capital into tether props up the US dollar by creating a new buyer for treasuries, right? They are trying to replace the nation states that are abandoning the Petrodollar, they needed someone to buy the debt so the Fed doesn't have to just buy it's own debt. This "tether bank" is prolonging widespread bitcoin adoption, not hastening it.
Keep going Jack, grateful for what you've built and excited for 21. Unfortunately a lot of people don't see how the treasury companies are a part of creating and transitioning to the world they want to see.
