Ed Juline joins the Bitcoin Infinity Show to talk about whether Bitcoin treasury companies are a necessary bridge to mass adoption or a dangerous recreation of fiat financial engineering on top of Bitcoin. Drawing on his experience as former Director of Bitcoin Advocacy at Strategy and years of organizing Bitcoin events, Ed explores the tension between self-custody principles and institutional onboarding, the case that orange pilling is over, and how the early majority can be kept honest as Bitcoin enters the capital markets. The conversation dives into what makes a real Bitcoin company, the risks of paper Bitcoin, and why the cypherpunk ethos still matters in an era of suit coiners and sovereign adoption.

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The Bitcoin Infinity Show is a Bitcoin podcast hosted by Knut Svanholm and produced by Luke de Wolf.