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BestinSlot.xyz
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◉ The Best Ordinals Aggregator & Explorer ◉ Building Web3 on Bitcoin ◉ Join us: https://discord.gg/b7tzKMRFHc
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BestinSlot.xyz
03-26
BITCOIN RAILS #55: WHAT HAPPENED TO BITCOIN TREASURY COMPANIES? | with @davidfbailey & @BranBTC 🔗 YOUTUBE: youtu.be/sJi_DOLy4uw 🌿 SPOTIFY: open.spotify.com/episode/4FM9Y...… This most recent bull market was inarguably defined by one dominant narrative: the rise of Bitcoin treasury companies and their dramatic retracement as crypto "DATs" flooded markets. @davidfbailey — former CEO of Bitcoin Inc. (@BitcoinMagazine @btc_conference) — raised $760M for treasury company @nakamoto, which catapulted to a peak valuation of 33X MNAV before sliding down below MNAV after a seeming burst in treasury mania last year. David joins me and the newly appointed CEO of Bitcoin Inc. @BranBTC, to share the history of one of the most influential companies in Bitcoin history (Bitcoin Inc.), how their treasury play changed everything, and what we can expect from Bitcoin treasury companies moving through 2026 and beyond. In this episode, the three of us discuss: - The history of Bitcoin Inc., and the rise of Bitcoin Magazine and Bitcoin Conference empire. - The role of @UTXOmgmt (VC and trading fund) in the team's strategy over time - How the fund’s entry into @Metaplanet and their subsequent seeding of nearly a dozen Bitcoin Treasury companies since - The rise of Nakamoto and its subsequent 99% slide in price from ATHs - How David sees the Treasury thesis playing out from here… and projected winners and losers when/if these companies rebound. This episode of Bitcoin Rails is powered by: - Best In Slot (@bestinslotxyz) — the leading API for Ordinals and BRC20 data aggregation and indexing. - Spark (@lightspark) — a statechains implementation advancing Bitcoin-powered payments. - Citrea (@citrea_xyz) — a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 00:00 Intro 01:45 Hit Pieces and Psyop Jokes 05:53 David Bailey Origin Story 12:24 Buying Bitcoin Magazine 15:18 Early Spam “Wars” 19:55 BM Experimentation Phase 26:33 Defining What “Bitcoin Only” Means 32:39 What Being a Bitcoin Maxi Means 34:47 Bitcoin L2 Over Altchains 37:00 Why Securities Matter 41:23 Going Bitcoin Only 46:47 Bitcoin Conference Explosion 54:10 UTXO Bets And Treasury Wave 01:12:10 Seeding Treasury Startups 01:15:44 Taking Nakamoto Public 01:32:51 Treasury Thesis Future Products
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BestinSlot.xyz
02-26
Driving over 5000km, a total of more than 80 hours, I'm still a bit dazed after this New Year holiday and haven't quite recovered yet. I'm getting ready to get back to work. My first post is still dedicated to #BRC2.0 @bestinslotxyz The entire community is so dull and barren, almost devoid of hope. But it's often at these times that wealth opportunities, unattainable and unimaginable for ordinary people, are hidden. As always, I believe such wealth opportunities will inevitably occur in BTCFi, specifically within the Bitcoin ecosystem. I hope it will be Spark, GOAT, Arch, RGB, etc., but my favorite and most anticipated are BRC2.0 and Alkanes. However, market development is not determined by our wishes, but by a combination of factors such as technological advancements and liquidity injections. But one thing remains constant: your long-term wealth in the crypto will inevitably come from your understanding of blockchain development. Over the past year, the infrastructure of the BTC ecosystem has become increasingly complete; in fact, opportunities have already emerged. With DeFi, all that's needed is to build a stablecoin sector.BTC /> The ecosystem infrastructure for Pie is basically complete at this stage. Although it will still take time and there will be bumps along the way, these are all necessary steps. BTC ecosystem, we've been eagerly anticipating @bestinslotxyz's stablecoin development. Whether it's an over-collateralized stablecoin or a cross-chain stablecoin, things have to start and develop. Finally, it must be said that #NUTKIN safely weathered the Chinese New Year; the consensus is still strong, the price has remained stable, and the pool is constantly increasing, currently reaching a TVL of around 15 BTC. Objectively speaking, although the token share in the pool is still insufficient, at such a critical time as the Chinese New Year, no one is selling tokens outside the pool, and no one is withdrawing their LP (Limited Partner) status. This is indeed very good data in this market environment. We say that the share of tokens in the pool represents the strength of consensus, but at such a critical juncture, the fact that tokens outside the pool are not being sold also represents the strength of consensus. The market has proven that no one will sell their #NUTKIN tokens at this point. Remarkable! The future is bright!
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