Replying to Avatar Brunswick

My guess is the "mining death spiral" will create enough FUD among the paperhands investor-class (Larry Fink types) and bring bitcoin back down to levels to pick those of us up that missed the whole-coin boat before all this ETF business. The ship will not be at dock long.
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Kendy 1y ago

Plausible 🤔 thanks for the perspective. I’m not sure the unit bias is as-relevant for the Larry Fink types when they’re buying IOU securities that require manual whole-coin conversion calculations. For example, slim chances any brokerage is displaying your $FBTC balance in BTC units to 3 decimal places. It’s very likely only fiat-denominated, shares, or % allocation.

Larry Fink types only care about NGU. I don’t think they understand the stacking sats concept.

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Brunswick 1y ago

Not my point, but yes you are correct. Im saying paperhands will paperhands because they don't truly believe in it. The wholecoin aspect is only from a pleb perspective.