So a bank run is starting 42 days before the #bitcoin Halving in a President Election year with nine newly accepted BTC ETFs that are beating all historical ETFs, in a period with high rates and high inflation.

If stars could be more aligned please tell me how.

Reply to this note

Please Login to reply.

Discussion

“Sounds like the perfect time to unload my bags I’ve been hodling for 14 years!” - some genius OG probably

You forgot FASB accounting standard change in 2024 so Bitcoin held in treasuries is treated with the fair value accounting standard instead of being classified as an indefinite intangible asset. Which makes Bitcoin much more attractive to hold for publicly traded companies as a reserve asset.

Considering public companies hold more than 4 trillion dollars in USD cash that is subject to persistent inflation, this sets up a corporate rush into Bitcoin as a logical way to avoid compounding purchasing power loss.

If the ETFs get rugged it will be the best possible lesson.

A lesson in hard/soft forks and UASF