<oembed><type>rich</type><version>1.0</version><author_name>Toby McMann (npub1el…fxw9h)</author_name><author_url>https://nostr.ae/npub1elqfutrcl6w42ekxcru9el2r8h0qe90vgz6yuy4panusplph8t7srfxw9h</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>The treasury company model, at least in its current form -- loaded up with preferreds -- requires NGU, and by a lot.&#xA;&#xA;Are you saying that, for the price to increase a lot, we need bitcoin to be used for payments?&#xA;&#xA;The problem, I think, is medium of exchange will benefit from less volatility. But number go up (a lot) needs volatility. &#xA;&#xA;So, do the treasury companies really want to push a medium of exchange narrative?  I dont think so? 🤔&#xA;&#xA; &#xA;&#xA;</html></oembed>