Replying to Avatar BoomTown

The ETFs have bought ~2.5x the new issuance of bitcoin since their inception.

MicroStrategy (alone) claims to have bought ALL the new issuance of bitcoin over the last year.

“…But but but ‘profit taking’…” is keeping the supply shock from occurring?

No … Coinbase - enabled by others - is fractional custodying bitcoin. We have huge amounts of paper bitcoin suppressing the price.
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ryanjordan 11mo ago

Then short it bro. Wait till the banks start playing. How else are we going to get extreme volatility?

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BoomTown 11mo ago

I own MSTR. As a shareholder, I can be vocal about MSTR implementing proof of reserves. My voice matters.