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Scraped on 06/05/2025, 05:50:15 UTC
With the news that 21 Capital is creating a bitcoin treasury to rival Strategy, but is backed by Tether and Softbank (not the best reputations), why don't we create our own bitcoin treasury where everyone from this community has a chance to buy the initial shares? Since we would be starting so small, there would be tons of room to grow and it would give a chance to the people, rather than billion dollar companies. Would anyone be interested in joining this initiative?

What's the point? Why don't you just buy Bitcoins and keep them in your cold wallet? This is a way better option than relying on a "community".
I'm usually very suspicious to "community driven projects". Most altcoin/shitcoin/shit-token projects were labeled as "communities", which didn't stop the developers from scamming the investors. "Community" is just a marketing buzzword asat this point.
What's the point buying "shares" in a Bitcoin "treasury", when you could buy actual Bitcoins?
I don't know if you are newbie or an experienced crypto user with a newbie forum account, but you should know the saying "Never trust a third party with your coins."
Original archived Re: Community Owned Bitcoin Treasury
Scraped on 06/05/2025, 05:45:13 UTC
With the news that 21 Capital is creating a bitcoin treasury to rival Strategy, but is backed by Tether and Softbank (not the best reputations), why don't we create our own bitcoin treasury where everyone from this community has a chance to buy the initial shares? Since we would be starting so small, there would be tons of room to grow and it would give a chance to the people, rather than billion dollar companies. Would anyone be interested in joining this initiative?

What's the point? Why don't you just buy Bitcoins and keep them in your cold wallet? This is a way better option than relying on a "community".
I'm usually very suspicious to "community driven projects". Most altcoin/shitcoin/shit-token projects were labeled as "communities", which didn't stop the developers from scamming the investors. "Community" is just a marketing buzzword as this point.
What's point buying "shares" in a Bitcoin "treasury", when you could buy actual Bitcoins?
I don't know if you are newbie or an experienced crypto user with a newbie forum account, but you should know the saying "Never trust a third party with your coins."