IMO leading people who otherwise might become bitcoiners to the treasury affinity scams is worse than Eth.
Discussion
Hard disagree... I don't recommend anyone go buy btc treasuries, cold storage btc is the way but eth is the affinity scale. Btc treasuries are legitimately connected to real money
- Every company should become a btc treasury company. Companies save retained earnings just like individuals.
- These btc companies are trying new things to acquire more btc and more importantly give capital pools access to real money . Will they all work? No
- Retail that buys these will convert to btcers later at some rate
- they also ultimately drove investor interest towards btc by buying it
Point being these lead people and capital to real money. Eth and other shitcoins lead away.
ETH is completely disconnected from reality. No foundation, no value, just pump and dump and it leads people and capital away from btc through rug pulls. They have given btc a bad name from the beginning.
The retail people you are talking about don’t understand that “Bitcoin” and “crypto” are different things.
Since we failed this bad in education I guess the only way to learn is massive capital loss.
I will take the cheap sats in the meantime and work on educating people I actually know and care about instead of this “greater good” of protecting the average normie retail 401k account.
Well then we can agree to disagree, and no greater good.
Companies should own and chase btc, just like individuals. The ones that do so successfully will lead the wormd
Thanks for civil argument. Yes I prefer people buy Bitcoin ETF instead of Eth…
But I don’t think we can “scam the normies into profits” like rockstar says. But who am I to disagree?
If I try again with my exclamation I would say: “education above all”