#testnet4 #plebchain #asknostr fam, could you hook a pleb with some tasty tsats? tb1qnjsu7afgun7u8hv4n082vhdzrltzvmy62clm0v

https://mempool.space/tx/4fba274f42c0f141797b67d6130bd8ed464a8f1b867da70901f249f523201e82 #mempool #plebchain

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgawaehxw309ahx7um5wgkhqatz9emk2mrvdaexgetj9ehx2aq7zskgk your proximity to the money printer has always been an edge for you. Congratulations Jack. Hopefully this doesn’t turn to tradefi #ico @twentyonecapital

Here’s the bull case for Twenty One Capital—why this could be a generational bet on Bitcoin infrastructure:

⸻

1. Third-Largest Corporate Bitcoin Holder – Instant Credibility

• Launching with 42,000+ BTC puts it just behind MicroStrategy and Marathon, giving it immediate name recognition and relevance in institutional Bitcoin circles.

• Investors looking for direct BTC exposure without ETF constraints may flock to it—especially if it trades at a discount to NAV.

⸻

2. Jack Mallers = The Bitcoin Maximalist’s Champion

• Mallers isn’t just a figurehead—he’s deeply embedded in Bitcoin payment infrastructure (Strike).

• His leadership can attract top talent, retail loyalty, and Bitcoin-native institutional partners.

• He’s publicly aligned with Bitcoin’s ethos: open, decentralized, self-sovereign money—something institutions increasingly want exposure to.

⸻

3. Strategic Investors with Deep Pockets

• Tether, SoftBank, and Cantor Fitzgerald are no small players.

• Tether brings access to liquidity and stablecoin rails.

• SoftBank injects credibility in Asia and emerging markets.

• Cantor opens doors to Wall Street pipelines and compliance infrastructure.

⸻

4. Bitcoin-Native Financial Infrastructure = Blue Ocean

• Twenty One isn’t just buying BTC—it plans to create Bitcoin-denominated capital markets.

• Metrics like Bitcoin per Share (BPS) and Bitcoin Return Rate (BRR) could become standards for BTC-native companies.

• If successful, this sets a new financial paradigm where Bitcoin is not just an asset—but the unit of account.

⸻

5. The SPAC Route Could Be a Trojan Horse

• SPACs are hated right now—but that’s the point.

• If this trades at a discount to BTC NAV, it gives value investors and Bitcoiners a liquid, tax-advantaged entry point.

• Could attract activist investors, especially if they hold real BTC versus paper claims (unlike ETFs).

⸻

6. Network Effects from Partnerships

• Potential nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq32amnwvaz7tm9v3jkutnwdaehgu3wd3skueq4ulz2v Strike + Tether + Cantor integrations could enable:

• Global payments (via Strike)

• BTC-backed credit markets

• Bitcoin-native treasuries for emerging market firms

• Twenty One could monetize Bitcoin beyond hodling—as a base layer for financial services.

⸻

7. Regulatory Moat Over Time

• The alliance with Cantor and SoftBank gives it a leg up on navigating U.S. regulation.

• If stablecoins or Bitcoin infrastructure firms get licenses, Twenty One could be first to market with Bitcoin-native ETFs, insurance, lending, etc.

⸻

Bottom Line (Bull View):

Twenty One isn’t just long BTC—it’s long Bitcoin as a monetary system.

If executed right, this becomes the Berkshire Hathaway of Bitcoin, building and acquiring BTC-native infrastructure while the rest of TradFi plays catch-up.

Here’s the bear case for Twenty One Capital—why this new Bitcoin-native venture could underperform or unravel:

⸻

1. Bitcoin Exposure = Volatility Amplifier

• Holding 42,000+ BTC at launch makes Twenty One a leveraged bet on BTC price.

• If Bitcoin corrects 30–50%, Twenty One’s equity could collapse, echoing what happened to MSTR in past drawdowns.

• Lack of diversified assets makes them vulnerable to macro risk (Fed tightening, ETF outflows, etc.).

⸻

2. Tether Involvement = Trust Issue

• Tether (USDT) still faces transparency and regulatory scrutiny around reserve backing.

• If Tether faces a serious legal or liquidity event, Twenty One could suffer reputational and financial contagion, given their ownership stake.

• Critics may view the venture as an attempt to use Bitcoin optics to whitewash existing risk exposure.

⸻

3. SoftBank’s History with Tech Bets

• SoftBank has a mixed track record (e.g., WeWork, Katerra, Oyo). Backing high-conviction, high-volatility companies without clear exit paths.

• Their involvement signals capital, not necessarily strategic soundness.

⸻

4. Public Markets & Regulatory Pressure

• Taking this company public via SPAC invites intense SEC scrutiny.

• Bitcoin-denominated metrics like “BPS” and “BRR” are unorthodox—could be misunderstood or rejected by institutional investors.

• Regulatory crackdowns on crypto firms, stablecoins, or self-custody could force structural changes.

⸻

5. Mallers as CEO = Binary Risk

• nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnwdaehgu3wvfskueqe9r9kj is visionary, but not tested at the helm of a multi-billion dollar public company.

• Strike has had limited success scaling beyond Bitcoin maxis.

• Execution risk is high—can he pivot from startup rebel to corporate leader?

⸻

6. The SPAC Curse

• SPACs have a terrible track record post-merger. Most drop 50–90% within 24 months.

• Investors might front-run redemptions, especially if BTC drops during de-SPAC window.

⸻

7. Lack of Product or Revenue Strategy

• Owning Bitcoin is not a business model.

• If no real Bitcoin-native financial services (custody, yield, payments) are offered, it’s just another BTC ETF with overhead.

⸻

Bottom Line (Bear View):

Twenty One might be a Bitcoin ETF wearing a hoodie.

Unless it builds real infrastructure, it’s exposed to BTC downside, SPAC dilution, and regulatory risk—with limited upside if it’s just a holding vehicle.

😬

J = (Σᵗ(Δᵢ • πᵢ) + β₁·BTC + β₂·MSTR + λ·F) / (R + C)

TH!S!

Or losing your job to someone who knows how to use LLms to do your job.

This pos is a scammer from France running nostr:nprofile1qqsxet0879xqtqqr7yy29w75nve6eqrpqrxpjenpppyvx8905my6ldspr4mhxue69uhkummnw3ezuatdvfex2mpwddshymtpwvhxvu30qy2hwumn8ghj7un9d3shjtnwdaehgu3wwp6z7a8aeg9 on the bird app www.satsfaucet.com I have recommended a lot of #plebs to this site. I have a great crew, but unfortunately this asshole has decided not to pay users in two months while he collects payments from these different paywalls. Spent a lot of time debugging and troubleshooting for this scammer now to ghost everyone he owes hundreds of thousands of sats too. Help me find this piece of shit #plebchain #scammer my crew is actively reporting every paywall, his AWS hosting, Cloudflare. You can help by leaving a one star review. They tried to leverage trust pilot reviews. Help me change that. It’s not about the sats It’s about the principal.

https://www.trustpilot.com/review/satsfaucet.com

#badmedicine is what I need

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Fountain really stepping it up I like it

lnbc10u1pnlh2fkpp5yqws62vkdkkyev5h2wf4628adadn00066vmckqm48uzeq42tmgesdp52pshjgzqveex7mn5wf6kucnfw33k76twyphkugzxda6kuarpd9hqcqzzsxqzjcsp5h07rk4tnvgsmx2x2d0fyfh90wae8v3t6p3eq3gl774x9cwy040zs9qxpqysgqax92dsmajn8j2wnfxzh06axd9k4d90nn73xyywc29xa4xs96zeyqg4603dks2avwz7nkj24a3d52rz9g6tt443rushntxu0d5w0ac4gpkz4j0g #plebchain

testnet3 Impossible to use. You have testnet4 tbtc for a poor pleb 🙏🏼?

Jerome to the rescue

#gm #nostr #plebchain

Below 200D moving average #chatgpt

That's an open invitation to restart mixing services

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyd8wumn8ghj7mn0wd68ytn0wfskuem9wp5kcmpwv3jhvykp9py come back to Nostr