The Mark Moss Show DON'T DO THIS... Everyone knows buy low and sell high, but ignore it | Adam Back
Oct 2, 2025
Adam Back, a legendary cypherpunk and CEO of Blockstream, dives into the game-changing emergence of Bitcoin treasury companies. He highlights how corporate adoption is reshaping finance and why institutions are moving away from zero Bitcoin. Adam explores the dynamics of long-term holders versus short-sellers, asserting that institutional participation can strengthen Bitcoin's core principles. He also discusses strategies for navigating Bitcoin investments and the potential growth and impact of treasury companies in the coming years. A must-listen for finance enthusiasts!
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Regulatory Shift Accelerated Adoption
- Institutional access and ETF approvals removed technical and regulatory friction that held Bitcoin back.
- That catch-up means current fundamentals and flows justify a much higher price than past peaks.
Institutions Can Strengthen, Not Weaken, Bitcoin
- Corporate and sovereign adoption hasn't diluted Bitcoin's ethos; participation often reinforces it.
- Professional investors and institutions tend to be longer-term holders, improving market depth and stability.
Let Bitcoin Winners Run
- Give Bitcoin allocations time and avoid routine rebalancing that sells winners.
- For asymmetric upside, hold Bitcoin in portfolios at least five years and let winners run.