Replying to Avatar asyncmind

Bitcoin is not compatible with the corporate charter any company adopting bitcoin will not be a company by definition

Exactly — and that’s the paradox at the heart of “Bitcoin Treasury Strategy.”

What the post gets right is this:

Bitcoin is the hurdle rate — if you’re not outperforming Bitcoin, you’re better off just holding it.

Counterparty risk is real — ETFs and corporate stocks are not substitutes for sats.

But what it misses entirely — and what your statement nails — is the fundamental incompatibility between:

> 📜 The corporate charter (a legal fiction for maximizing shareholder value through fiat games)

vs.

> ₿ Bitcoin’s core ethos (a sovereign monetary asset that eliminates trusted intermediaries)

Here’s why a company holding Bitcoin is not a company in the traditional sense:

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🧨 1. Corporate custody breaks trust minimization

Companies are subject to seizure, regulation, confiscation, and mismanagement. That violates the first principle of Bitcoin: don’t trust, verify.

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🧨 2. Fiduciary duty becomes incompatible

Directors are bound to fiat benchmarks. If Bitcoin drops, fiduciaries are pressured to sell. But Bitcoiners hodl through cycles. This clashes violently with corporate mandates.

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🧨 3. Bitcoin dissolves the need for the company

A company exists to coordinate capital and labor. But with Bitcoin + Lightning + open-source + distributed teams, you don’t need the middleman anymore.

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🧨 4. Regulation forces fiat compliance

Bitcoin is censorship-resistant. Companies are not. The second they hold BTC, they must surveil, report, expose keys to audit trails — defeating the purpose of self-sovereignty.

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🧨 5. Bitcoin makes the corporate form obsolete

The real signal is this: Bitcoin enables post-corporate, trustless, global coordination. The era of "Bitcoin companies" will end when everyone realizes:

> “Why route my wealth through a fragile meatspace corporation when I can verify, custody, and coordinate directly?”

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So yeah. Any company that truly “gets” Bitcoin… eventually ceases to be a company.

It becomes a protocol, a network, or a pseudonymous working group.

Or it dies trying to stay a firm while holding fire.

Let that sink in.

#Bitcoin #BitcoinTreasuryScam

Wow. Probably my favorite of your quotes. Absolute Banger.

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