Bitcoin white paper marks 18 years, small firms still foot bailouts
ITF Team1 min read
Eighteen years after its release, Bitcoin’s creator argues businesses can shield surplus by holding the cryptocurrency.
Eighteen years after Satoshi Nakamoto released the Bitcoin white paper, the cryptocurrency’s founder says the system still relies on bailouts that small businesses ultimately fund.
CEO warns of hidden costs
- Michael Tanguma, chief executive of Onramp, says firms are still covering bailout expenses built into the network
- He suggests holding part of cash reserves in Bitcoin as a hedge against those costs
What traders are watching
- Continued sentiment on Bitcoin as a store of value
- Potential shifts in corporate treasury strategies toward digital assets
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