Rabbit Hole Recap

21 REASONS TO BUY BITCOIN | Rabbit Hole Recap #354

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Apr 25, 2025
Explore the unique features that make Bitcoin a standout cryptocurrency, including its capped supply. Discover Bitcoin's rise as a safe haven asset and predictions of a potential price super cycle. Engage in lighthearted discussions about generational identities and the effects of the pandemic on remote work. Delve into investment strategies and the growing need for specialized Bitcoin accounting professionals. Plus, hear about recent meetups and innovative software updates improving security and usability in the Bitcoin community.
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INSIGHT

21 Capital: Institutional Bitcoin Adoption

  • Jack Mallers, Tether, Softbank, and Cantor announced "21 Capital" with 42,000 Bitcoin.
  • This creates a strong competitor for MicroStrategy and shows institutional Bitcoin adoption accelerating.
INSIGHT

Strike's Efficient Bitcoin Business

  • Strike showed $6 billion volume in 2024, a 600% increase with an 85% gross profit margin.
  • The company runs with zero marketing spend and only 75 employees, exemplifying efficient Bitcoin business.
ADVICE

Self-Custody Is The Edge

  • Holding Bitcoin with self-custody provides minimal to no counterparty risk and is a massive superpower.
  • Staying humble and stacking sats with secure keys remains the best investment edge.
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