@pre@boing.world2025-11-23 15:57:01
A panel on bitcoin treasury companies.
Because investment law makes it hard for institutions to buy bitcoin in their funds. You can't own BTC in you tax free ISA. So some companies that do hold bitcoin, notably microstrategy, became proxy investments. If you can't hold BTC you could maybe own a company that owns BTC instead.
Microstrategy started because it's ceo realized it's dollar treasury was being debased by dollar printing. So tried buying BTC instead, with fantastic success.
Copycat companies proliferated. They boomed and then busted. One panelist calls that a grift. A way to memeticly pump share price.
A line can be drawn between profitable companies just storing their profit in bitcoin Vs those raising debt to buy without having a profitable business.
Imagine a world transiting from using seashells for money to using gold coins. A company gathers seashells from investors to buy gold coins, which will do better than sea shells. Trouble is the next step where the company pays back it's investors with... More seashells.
If you own shares in the company, you do not own bitcoin. You'll just get more old fashioned bank money.
Still. It's worked as marketing, more people being convinced BTC has value.
If you do buy a treasury company, check it's bitcoin not "digital assets" including shitcoins.
#bitfest #bitcoin #bitcoinTreasuryCompanies
@jake4480@c.im2026-01-10 22:08:23
I was thinking this morning, there should be more things like Goodwill, more thrift stores like that everywhere, for even LESS things going to landfills. Just people getting together, even as a trade or barter system, things like flea markets or garage sales-- people do some of this already.
Reusing things is so important, and repair, when possible-- I've been seeing some cool self-repair fix-it meetups on here, too.
As I was talking to my wife about it, and I remembered thi…
@timfoster@mastodon.social2025-11-01 17:50:24
I had a cracking time at https://www.supercarexperienceireland.com today.
Highlights for me were the manual 997 Carrera and the 458 Italia. Along with time behind the wheel of an Aston Martin Vantage, a Mercedes AMG GT-R and a 991 GT3 RS, it was the perfect day out for the petrolhead in your l…
@pre@boing.world2026-01-26 19:12:46
I see Facebook are going to be advertising their "AI glasses" at the superbowl. Trying to sell their glasses to athletes.
I gotta tell ya, people wearing Meta's glasses should be shunned like those google glassholes were.
They should be banned from any public place with their creepy surveillance headsets on. If you see someone wearing them you should harass that person and drive them out of whatever space you are in.
Do not allow constant surveillance to become the norm, especially from that fucking creep zuckerberg.
Same goes for Musk's surveillance cameras on legs, his "optimus" robots. Do not allow them in your spaces. Do not countenance their existence in your presence. Drive them out. Ostracize anyone you see with them. They must never become normal.
#meta #ai #glasses