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Treasury companies are just shitcoins built with boomer financial tech. The parallels to the ICO boom are too many to ignore. It seems like every wave of adopters has to learn the same lessons with different window dressing. Learn from the mistakes of others or be doomed to repeat them. There are no shortcuts. Self custody is the only sustainable path to financial freedom.

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As long as there are people that have not yet been onboarded and convinced of Bitcoin (people with a high time preference) there will always be shitcoins I think. They may evolve and become increasingly difficult to discern from ETH…but shitcoins nonetheless.