🇧🇹 Willy Woo: Bitcoin is the "perfect asset" for the next 1,000 years.
BTC market cap $2.42T (11% gold, far behind USD $21.9T) → needs larger capital inflow to compete.
Risk: 1️⃣ The BTC treasury company borrows money without transparency → risk of a bubble burst. 2️⃣ Investors choose ETFs & pension funds instead of self-custody → more susceptible to government control. Woo: If a bear market comes, many weak companies will "show their hand" and sell off BTC. Adam Back: Businesses are still a reasonable starting point; if you can't surpass Bitcoin's profit, just buy Bitcoin. #Bitcoin Crypto #BTC
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🇧🇹 Willy Woo: Bitcoin is the "perfect asset" for the next 1,000 years.
BTC market cap $2.42T (11% gold, far behind USD $21.9T) → needs larger capital inflow to compete.
Risk:
1️⃣ The BTC treasury company borrows money without transparency → risk of a bubble burst.
2️⃣ Investors choose ETFs & pension funds instead of self-custody → more susceptible to government control.
Woo: If a bear market comes, many weak companies will "show their hand" and sell off BTC.
Adam Back: Businesses are still a reasonable starting point; if you can't surpass Bitcoin's profit, just buy Bitcoin.
#Bitcoin Crypto #BTC