Beartarded
England
Joined August 2021
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CryptoDGR retweeted
The Big Short man himself is also calling out that the Bitcoin Treasury Company model is failing. There is no world where 200+ DATs makes sense. The incentive structure leads to destruction.
BITCOIN SLIDE COULD WIPE OUT COMPANIES
Michael Burry warned that Bitcoin’s ongoing decline could destroy significant value, especially for companies holding large BTC reserves. He said Bitcoin has failed as a safe haven like gold and could push aggressive corporate holders into bankruptcy, triggering broader market fallout. He also highlighted Bitcoin’s correlation with the S&P 500 and its impact on recent drops in gold and silver.
CryptoDGR retweeted
The Bank of England are trying to force through plans to limit stablecoin holdings for UK citizens.
I saw a few tweets about this and thought it was a joke, this is per @FinancialTimes.
You will own nothing and be happy.
CryptoDGR retweeted
The number of Bitcoin treasury company buyers continues to fall, now at 2.8 per day despite price hitting ATHs. Is the tradfi cap-raising world reaching saturation, or is this just a dip?
