Most individuals on Crypto X are conversant in the saying “don't promote bitcoin.” Nevertheless, on Might 13, one of many well-known Bitcoin influencer, dealer and investor Willie Wu admitted that he was promoting his holdings to put money into Bitcoin infrastructure as a substitute. This publish sparked controversy and was booed by many individuals within the crypto group.
Nevertheless, Wu has offered a number of rationales to defend his determination.
Woo will not be weak about Bitcoin
Willie Woo will not be a bit bearish about Bitcoin. Per week earlier than he publicly claimed he was eradicating his BTC, he predicted that Bitcoin management would exceed 90% over the subsequent 15 years. Woo has been an avid Bitcoin dealer and market professional for a few years.
His revelation about promoting BTC and investing in Bitcoin infrastructure corporations was not totally provoked. He responded to a tweet from the favored X account of a Bitcoin therapist. Bitcoin therapists name everybody who sells Bitcoin “delayed” day-after-day.
In reply to at least one such publish, Wu admitted that he had really simply offered a portion of his BTC to a contractor who’s working for him, “That is how BTC wins. Adoption.”
When a Bitcoin therapist known as it a charitable donation, Wu stated he was “shopping for and shopping for BTC infrastructure corporations” and eradicating all his BTC.
tbh I'm within the strategy of eradicating all of the BTC. Purchase BTC Infrastructure Firm.
However your level was when BTC rose 30% per week and OGS was handing out 5BTC through taps to help new customers and networks.
-Willy Woo (@woonomic) Might 14, 2025
For instance his determination, Woo supplied an instance of investing in Exodus Pockets in 2016. In accordance with Woo, the earnings you get from this funding are 2.5 occasions the earnings you earn from Bitcoin funding on the time.
He stated as we speak there’s a Bitcoin Treasury Ministry at Bitcoin startup and that if the startup itself seems to be a failure, the BTC Treasury Ministry might mitigate the chance. Nevertheless, within the case of a profitable startup, you possibly can earn way more by investing solely in Bitcoin.
I’ll enable my language, however that you must be late to promote your bitcoin now.
– Might 13, 2025
Wu offered his imaginative and prescient, however few individuals in X discovered it persuasive. Within the feedback part, individuals name it a mistake. Some expressed doubt that Woo was most likely coming quickly to recommend which repair.
When a Bitcoin therapist posted a screenshot of Wu's revelation and captioned, “The legendary dealer Willie Wu sells Bitcoin to purchase infrastructure corporations,” many questioned the “legendary” standing itself, and posed Wu questioned, or he stated, “It's not the identical.” And it obtained critical backlash.
lol. Promoting actual infrastructure (all literal foundations) to purchase “infrastructure corporations”
All of those infrastructure and finance corporations purchase Bitcoin. https://t.co/axk8td8pl
-Twenty first Capital (@sin_21st) Might 14, 2025
Nevertheless, a uncommon voice of help, product builder Dan Sanchez answered a screenshot and famous that he was paying for individuals at BTC.
I spent a number of Bitcoin on domains, initiatives, logos, individuals, knowledge and different assets. Would I be shocked that I might have much more liquidity than I’m now? That's definitely true.
The larger incentive is to affect individuals who present actual worth.
– and Sanchez (bitcoinmedia.com) 🟠 (@dansanchez) Might 14, 2025
In December 2024, it was reported that Willie Woo had invested in Debifi, a non-unified platform that promotes Bitcoin-assisted lending. Woo sees the platform not simply as a lending platform, but in addition as a device that enables long-term holders to borrow extra money with out promoting their shares.
David Bailey vs Subscriber
Hours after the fuss surrounding Wu's allegations of Bitcoin gross sales, Nakamoto, a brand new firm following the steps of technique with Bitcoin Journal's David Bailey, has been caught up in a dialogue with X's subscribers.
learn extra: Michael Saylor claims that microStrategy won’t promote Bitcoin
There have been varied solutions, and the commenters not solely launched the robust “not promoting Bitcoin” stance, but in addition emphasised that promoting Bitcoin will ship indicators to the market that don't land effectively for Nakamoto. For instance, it might point out that an organization has a weak belief in Bitcoin. One other argument for buying and selling Bitcoin is that it might point out a weak point of NAV shared by NAVs.
If an organization is buying and selling underneath 1 NAV, the market could also be frightened about future default dangers/an excessive amount of leverage.
So promoting Bitcoin and shopping for again shares will cut back the asset base, depart liabilities unchanged, and additional improve the corporate's leverage ratio.
– Joe Burnett, MSBA (@IIIATAL) Might 14th,
Bailey disagreed with anybody. He posted one other tweet, speculating that individuals within the feedback part couldn't distinguish between arbitration and gross sales, including, “I really feel like I'm taking loopy medication studying these feedback, LOL.”
This sounds loopy, however the largest downside with the Bitcoin Treasury, which sells BTC, is the psychological issue that BTC Co is definitely promoting Bitcoin.
– Till Might 14th, 2025 (@theonenotchosen)
Plan B case
Plan B is a distinguished Bitcoin influencer and widespread who adopts a circulation mannequin from stock for Bitcoin value evaluation.
Plan B present in February to maneuver Bitcoin Holdings to ETF to achieve “peace of thoughts” and keep away from issues with secret key administration.
⚠§Disclosure⚠️
Bitcoin has been transferred to the ETF.
Sure, I do know, not your key, not your coin. However managing Bitcoin in the identical manner as shares and bonds is straightforward. Additionally, the truth that there isn’t a must spend time with the lock provides me peace of thoughts. I don't suppose I'm a maxi anymore.
– Planb (@100trillionusd) February 15, 2025
The transfer has sparked a number of criticism from each Bitcoin Maxis and Bitcoin skeptics. Concerning the latter, economist Peter Schiff talked about the swap to Plan B's ETF “doesn’t meet the targets that don’t envisage one other instance of Bitcoin.”
Bitcoiner criticized Plan B to go away management of his funds to a 3rd occasion.
It's not about maxi or not…
It’s about particular person choices about whether or not you may have belongings in your administration.
Do you belief your self or do you belief another person?
– And it will likely be held on February fifteenth, 2025 (@danheld)
Similar to with Bailey and Wu, promoting Bitcoin is disappointing and disapproved for no matter objective. Due to this fact, don’t promote Bitcoin. Or maybe, promote it secretly.
learn extra: PlanB transfers Bitcoin to ETFs and prefers “peace of thoughts”
