Hey.
Bitcoin Treasury Company bros.
$NAKA down 50% today.
Wen you gonna wake up?
This was always a Ponzi pump and dump.
finance.yahoo.com/quote/NAKA/
Discussion
Speaking of naka, here’s naka and phi side by side for comparison.
Topologically speaking a coffee mug is equivalent to a basic donut so I don’t think it’s much of a stretch to suggest topological equivalence between naka and phi here.
play paper bitcoin games, win paper bitcoin prizes
Is it naka.com ? The one making these strange payment cards that were given for free at some Bitcoin events like Lugano Planâ‚¿?
Is your issue with $NAKA, or the entire concept in general?
Can’t deny the above always felt scammy and laced with insiders with such a huge PIPE proportion.
But then, if you run a business, is it a good idea to hold Bitcoin on the balance sheet?
Corporations will always exist - a hyperbitcoinised world will just place the bar for investing in companies that much higher than in the Fiat world now.
Yes, there will be scams. But the well run will serve to put the rest of the corporate world on notice.
Wrote a piece for the Bitcoin collective on this area last week - would love to hear your thoughts
https://bitcoincollective.co/bitcoin-treasury-companies-ponzi-or-adoption/