Yeah, someone needed to say it. Hat tip to nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqnz0fd0 for it.

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Yeah. Really.

The treasury companies alongside those "financial instruments" on top of bitcoin are the ICO s of this cycle. And many bitcoiners are falling for it. While all those shitcoins are plain obvious scams, NgU crowd is heavily intrigued by all those beautiful preferreds.