⚡️🚨 NEW - Blackrock Buys 1430 Bitcoin
Now Holds 696,000 BTC
Discussion
Feels bad, man. :-/
They’re making us rich & giving people exposure to Bitcoin who otherwise might not have
Just did a rough calculation and all the ETFs together hold <5% of BTC. The top 10 btc reserve companies together including MSTR still hold <4%.
Satoshi was an absolute genius for front loading the supply. The vast majority of btc is still in the hands of ppl who were mining in 2010 to 2015. This way he loaded the pockets of real cyperpunks (they had to be if they were mining at that time) with the vast majority of bit coin. Countries and massive corporations are now going have to work really hard to even get a fraction of what they have.
ABSOLUTE GENIUS.
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I don’t believe it. It’s Let’s see proof of reserves