Instead of a Bitcoin treasury strategy where a company just buys and holds - can we put at least some of that money towards the Bitcoin ecosystem???
Invest in some L2s, incentivize a bunch of merchants to accept Bitcoin, buy some Ordinals/Runes, pay for some services in Bitcoin!
Thank you for responding - and your points are fair. We are doing our best to resolve this - a lot of things hit at once to cause this but we aren’t the kind of guys to quit or to not pay. I’m on Discord everyday answering people and being transparent about whats going on. We’re going to get out of this and get back to fast payouts.
You’ve been out of review and in the queue for about 2 weeks and you’re set to get your payout this week. The delay and lack of clear communication is on us - we are working on improving the communication of timelines while we resolve the delay in payouts. But we honor all payouts, even when a person is payout farming and not using the eval and sim funded model as a path to becoming a real prop trader. We are not a scam and you should check resources like payout junction before throwing a word like that around and potentially impacting a firms reputation - a large following like yours comes with a level of responsibility to traders, staff, vendors and others who depend on us to continue operating and growing.
Coinbase is getting into stocks, prediction markets, futures, stablecoins, and anything else they think is “finance”. Robinhood did the same when they got into crypto.
But at it’s core Coinbase is a USD app, so is Robinhood and every other crypto exchange app, stock app, and prediction market app. They’re all built on USD, your balance is USD, you buy crypto and other assets with USD.
We’re building Base8 to be the first true Bitcoin app.
If you think Ethereum’s proof of stake consensus is “good enough” vs Bitcoin’s proof of work in terms of security - do the math.
Total staked market cap is about $100B
$51B is over 50%
That’s not a lot of money for a government or large entity.
If you say market impact - fine, double it to $100B… still possible and I would argue that being a block proposer isn’t anywhere near as expensive as a 51% attack and you can probably still do some damage.
For a blockchain based alternative to fiat it must be PoW
Just buy Bitcoin - through an exchange or a wallet.
Stop with the stockenized Bitcoin like ETFs and treasuries (Blackrock, Strategy, Grayscale, Vaneck, proshares, twenty one, etc)
Saylor, Mallers and all the other Bitcoin advocates who are pushing this need to consider what their long term goals truly are.
I can finally say it!
Base8 new version coming this week.
And there’s a lot more in the queue that we’ll be releasing over the coming months.
- Bitcoin Lightning payments
- Bitcoin banking
- Easy USD onramping
- Debit card
- Interest yield
And it’s all powered by SATs
All the famous Bitcoin maxi’s are like “never sell” “hold forever”, and then if someone uses their profit to buy a car or a house it’s like they gave up or did something horrible 🤣
Saylor, Maller - What should people wait for lol??? It’s literally money, you’re doing this to LIVE better! Why not enjoy the gains if you got in early? You know you can’t take it with you right???