ShiShi21m on Nostr: Jack Mallers' Bitcoin acquisition company exists to allow shareholders to borrow ...
Jack Mallers' Bitcoin acquisition company exists to allow shareholders to borrow against their holdings.
It's the same idea as gold acquisition vehicles.
Borrowing against physical gold sucks, Bitcoin loans suck less - but still complicated.
The tax advantages here are too strong to go away from - this is just how the wealthy operate.
Bitcoins will be used in ways you don't like, you should understand this by now.
Published at
2025-04-27 16:19:11Event JSON
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"content": "Jack Mallers' Bitcoin acquisition company exists to allow shareholders to borrow against their holdings.\n\nIt's the same idea as gold acquisition vehicles.\n\nBorrowing against physical gold sucks, Bitcoin loans suck less - but still complicated.\n\nThe tax advantages here are too strong to go away from - this is just how the wealthy operate.\n\nBitcoins will be used in ways you don't like, you should understand this by now.",
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