PeakOil is You
Bitcoin & crypto? Pt. 3
Re: Bitcoin & crypto? Pt. 3
by AdamB » Mon 30 Jun 2025, 14:14:30
$this->bbcode_second_pass_quote('theluckycountry', 'I') think it's time you bought into BC adam. You can get a loan for it you know, add it onto your mortgage hey
You don't think. Not because you don't TRY, but just because you don't know how. Be satisfied with what you are Lucky. And try and make sure the boy does better. Shouldn't be hard...if he can count, even using his fingers and toes, he's already one up on you.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3
by careinke » Mon 30 Jun 2025, 21:42:10
Hey Adam, I answered your query on inelastic money on the previous page. Got an electrician coming this Thursday to put a 30 Amp plug for ROY-B. Will speed up charging about ten times faster than the 110 V plug I'm using now. 
Peace
Peace
Cliff (Start a rEVOLution, grow a garden)
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Re: Bitcoin & crypto? Pt. 3
by theluckycountry » Tue 01 Jul 2025, 01:23:32
The Future Of Crypto Equity Wrappers
$this->bbcode_second_pass_quote('', 'C')rypto treasury companies such as Strategy are all the rage right now. Seemingly not a day goes by without an announcement of yet another public vehicle whose primary purpose is to provide cryptocurrency exposure inside an equity wrapper. While there are benefits to this design, some of these companies lack a unique value proposition and are indistinguishable from each other. Their stocks might not attract a premium during a bear market.
https://omid-malekan.medium.com/the-fut ... cf06567653$this->bbcode_second_pass_quote('', 'C')rypto treasury companies such as Strategy are all the rage right now. Seemingly not a day goes by without an announcement of yet another public vehicle whose primary purpose is to provide cryptocurrency exposure inside an equity wrapper. While there are benefits to this design, some of these companies lack a unique value proposition and are indistinguishable from each other. Their stocks might not attract a premium during a bear market.
This is part of the reason crypto slavishly follows the stock market. Another part is that it's major trades (those of the whales) are orchestrated by (Whales), who simply trade the spread. It's an efficient way to generate income, it's why so many companies now go in for subscription services, it's predictable income, it's what underpins the insurance and mortgage mills too. Little regular payments by millions of people add up to great wealth over time.
And there are other reasons crypto follows the equities so closely, like the fact that in a panic! People dump everything and go to cash or a cash equivalent like Gold. Clearly crypto isn't "Digital Gold" because if it was it would go up in times of economic uncertainty. But back to the article.
$this->bbcode_second_pass_quote('', '
')In retrospect, the equity markets and cryptocurrencies were always destined for each other. The stock market is large, liquid, and broadly accessible. Crypto is none of these things, but is an exciting new asset class with greater upside potential. Thus the appeal of putting a long crypto strategy inside a public company wrapper, particularly in markets without cryptocurrency ETFs.
Strategy (formerly MicroStrategy) has executed the plan successfully. It currently holds almost 3 percent of all Bitcoin and trades at over 1.5x times the value of its Bitcoin holdings. As the first — and by far largest — Bitcoin treasury company, it has enjoyed a significant first-mover advantage. Its stock is highly liquid, accessible to institutions and retail investors on countless platforms, and now part of the prestigious NASDAQ 100. That liquidity — along with the premium to its NAV — allows it to keep issuing more shares to buy more Bitcoin. Strategy has also pioneered the use of convertible notes to extend its reach (and exposure to Bitcoin) to the debt market.
What should be clear from this, as clear as a Ship's Bell in a storm, is that all this crypto, and we are primarily talking of BTC now, is being purchased with Debt. Why people insist on getting ripped blind by middlemen never ceases to amaze me. They do it with solar panel installs, purchasing houses, and here they are doing it with techno companies. Instead of simply buying the crypto themselves they buy Strategy shares, as though somehow that will be safer than buying the product directly. Of course what they expose themselves to is a mass of fees and charges in so doing. The Brokers have to be fed, Michael Saylor wants his fat cut, and so does everyone else involved, including the government at tax time, and the Banks! Think about all those payments for a second... Where does Strategy get the money to pay the interest on it's notes, and on it's bank debt As of March 2025, the company reported approximately $8.14 billion in debt. Where? By trading BTC of course, because there is little other income other than stock sales. It sells high and buys low, moving the market as it does so. It probably does this in concert with other whales, it's a time tested scheme that goes way back to the Oil majors.
As far as it's utility and pricing is concerned crypto is bought and paid for, with low interest loans and "convertible notes". That means you aren't really buying BTC "money" when you buy BTC now, you are simply buying shares in the Equity markets that are ALL built on debt. It doesn't matter if you bought direct, your "vote" as to what BTC should be or do is meaningless now. Coiners praised the ETF's when they came in and praised Saylor when he became a big buyer via his company. They assumed that these entities were merely hodlers like themselves and were creating the demand that pushes prices up. But it was not to be because they are not Hodlers, they are Dealers. They are like the House, the Casino that welcomes thousands of players every night and takes it's cut of all action by fixing the payouts and taking a clip of all bets.
$this->bbcode_second_pass_quote('', 'C')onvertible notes are a type of debt instrument that startups use to raise capital, allowing investors to lend money initially with the option to convert that debt into equity at a later date
Yes, just one more Bank product to add to the thousands of others. Like Cadbury chocolate Bars, look at all the different flavors they have now.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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