Beau

The bitcoin treasury company trend reminds me of a lesson I learned in crypto around 2017. At some point, I had 1/X of all crypto assets tracked in coinmarketcap.com. I made it a goal to maintain this fraction or increase it. But as I tracked this metric, I realized that it was nearly impossible to keep up. The problem was when new coins appeared, unlike bitcoin, someone already held most of them. They were premined. Similarly, you’re not going to be able to keep a constant % of all the bitcoin treasury companies because the people creating these companies are committing X coins to create an equity with 2-3X value or more. The only thing you can keep a constant slice of (without research, active management, or becoming an insider) is BTC.

I want to zap people, but when I try to activate my wallet on @primal, they say they can’t. I tried responding to the email and they asked me to share my strike ID, which I did. Now I received my first zap, but I still can’t send and trying to activate again still doesn’t work. What now?

It seems people are selling their BTC for altcompanies