If you’ve been sitting on the sidelines watching Bitcoin, like we have – as it advanced from $0.18 to $1.80 thinking “you’re no fool, you’re not paying 10x” and then watched it go up 10x more, to $18.00 (crazy), and then another 10x to $180 (thinking pigs get slaughtered), then another 10x to $1,800 (thinking this is ridiculous), then another 10x to $18,000 (thinking again you’re no fool – must be the biggest bubble in history, there will be blood in the streets), then to $118,000 (now thinking, okay better buy before another 10x to $1,180,000) just remember the saying – you can’t kiss all the pretty girls.
Watch these two interviews below..and hope, “someday you’ll be right,” for sitting on the sidelines, ignoring your high school friends who have Maserati’s and 100 foot yachts.
We are about to launch a ‘Bitcoin Treasury Company Stock Review.‘ One of the reasons was we watched a small public company (Thumzup Media (TZUP) with $15 (fifteen) in revenues for the last quarter, get listed on NASDAQ, raise $8 million, with a portion of the proceeds to be invested in Bitcoin. We actually seen dozens of so-so companies make similar moves and run like mad. They call them of course, Bitcoin Treasury Companies (BTC).
Here’s a BTC database. Top 100 Public Bitcoin Treasury Companies.
Anyhow look at the chart below on TZUP, from when they started hinting about becoming a BTC. Being the types to rarely miss any developing mania, we thought a BTC stock review would be fun, and potentially profitable..
Then they raise $50 million a week ago.
Then this happened – in a day. And so we decided to hold off on the BTC idea, for a while. Our next favorite saying after “..can’t kiss all the pretty girls” is “..dodged another bullet.”
BITCOIN INTERVIEWS
Paul Grabail
Paul Grabail with 327,000 Youtube followers and 55 million views:
“I still have one thing to say. You’re still stupid, you’re still a bad investor, you got lucky. Bitcoin isn’t an investment—it’s a speculative bubble waiting to burst. It’s slow, expensive, manipulated by whales, and relies on new buyers to sustain itself—textbook Ponzi scheme behavior. People claim it’s a hedge, a currency, or a store of value, but in reality, barely anyone actually uses it for payments. Bitcoin’s energy consumption is absurd, its transactions are inefficient, and its volatility makes it unreliable for everyday use. And don’t even get me started on its so-called decentralization—most Bitcoin is held by a tiny fraction of investors, and mining power is controlled by a few entities. The moment governments decide to regulate it into oblivion, the party’s over. If you think Bitcoin is the future, you don’t understand investing.“
Gabail’s interview in NFT’s (remember not kissing that pretty girl?)
Lyn Alden and Andy Constan
Lyn Alden and Andy Constan go deep on Bitcoin treasury companies like Strategy, debating whether they’re outright Ponzi schemes or legitimate vehicles for leveraged Bitcoin exposure. We dig into how these companies actually generate returns, why premiums to NAV exist, and the conditions that could cause the model to unravel.
Lyn lays out her cautiously bullish case for well-run treasuries, while Andy argues the structure depends on new capital in ways that can’t last forever.
