‚According to #Hayes, if #Bitcoin becomes just another state-controlled financial asset, it risks losing its value as it relies on constant movement and usage.‘ 👍
https://u.today/end-of-bitcoin-btc-arthur-hayes-exposes-pitfalls-of-bitcoin-etf-derivatives
An ex corporate banker who ran an exchange famous for trading against and dumping on it's customers, got a slap on the wrist cause his mum wrote a letter to the judge saying that he was actually a good boy. He still uses his social media to shill shitcoins which he dumps on retail noobs for his exit liquidity.
Why value his views?
True but: When he says ‚oxygen is needed‘ he is right.
I don‘t care much about what else he said before.
The bitcoin spot ETF is a dangerous thing imo too.
