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Scraped on 28/06/2025, 07:29:33 UTC
Quote from: Vincom on June 28, 2025, 07:18:24 AM
Lately, I've noticed a trend where some crypto projects, like Cardano and Polkadot, are proposing to build their own strategic Bitcoin reserve funds 1,2. It seems like less successful projects are trying to mimic public companies by converting some of their native tokens into BTC reserves.
You may hardly see them announcing it, but I tell you, all those brains behind crypto projects have their starsh of Bitcoin somewhere, and of course, many will not disclose it for one reason or anotherThis "strategic reserve" they are using is only a copycat after Trump's announcement. It changes nothing.

You may hardly see them announcing it, but I tell you, all those brains behind crypto projects have their stash of Bitcoin somewhere, and of course, many will not disclose it for one reason or another.

It could be for a backup or something else, because unless they deceive themselves, they know that Bitcoin is superior to whatever project they created.
Original archived Re: Should crypto projects follow public companies in buying BTC reserves?
Scraped on 28/06/2025, 07:24:43 UTC
Quote from: Vincom on June 28, 2025, 07:18:24 AM
Lately, I've noticed a trend where some crypto projects, like Cardano and Polkadot, are proposing to build their own strategic Bitcoin reserve funds 1,2. It seems like less successful projects are trying to mimic public companies by converting some of their native tokens into BTC reserves.
You may hardly see them announcing it, but I tell you, all those brains behind crypto projects have their starsh of Bitcoin somewhere, and of course, many will not disclose it for one reason or another.

It could be for a backup or something else, because unless they deceive themselves, they know that Bitcoin is superior to whatever project they created.