Bitcoin treasury companies are this cycle's memecoins.

Agree or disagree?

GM.

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Any luck the Bear market will sort them out. Oh, wait, we are in a soup a cycle, innit. Going up forever. Which reminds me, Saylor is a cunt

https://video.nostr.build/1adcf084043aed9558cb6a4b9fe1470c672424b9c99aa0cc2891d002dd8a6520.mp4

Agree. Part of fiat. Avoiding at all cost.

Honey pots for governments to seize at their leisure.

Beats having to wring it out of plebs.

Mostly agree, with the caveat that memecoins are useless pump'n'dumps 100% of the time, but there can be some use in getting Bitcoin exposure in the form of a stock (if you can live with the tradeoffs).

# 👀☕🇧🇷⚡GM

GM 🤠🤙 Agree

Agree. And you can hold it in an ISA and get legitimate tax free fiat gainz. Degen or not?

They appear to be more like this cycle's FTX. Bitcoin IOUs leveraged against fiat games.

it feels like a decade ago but trump launched his memecoin 6 months ago lol

Anyone checked to see how it's performing?

it trades on coinbase and still has a $2b marketcap 💩

the rugs must continue

Nice to see you not logged in there Matt 🤣

i actually used to have an account there, was one of the first users back in 2013, fortunately i have a tendency to delete things