Replying to Avatar zhenya

1. i agree monero will never get an etf

2. its better for it

3. wall street will short bitcoin futures as long as they earn a carry - similar to funding rate on perps

4. when that carry compensation goes away in periods of low volatility or lack of pump they will stop

5. in my book thats not price manipulation - they short to earn, take risk of blowing out

6. a gamestop moment is required to keep em honest

7. its all so tiring, see #2

#monero

#bitcoin i still love it

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LogicallyMinded 1y ago

The big unknown is to which extent the #Bitcoin ETFs enable fractional reserves. This would be more akin to manipulation.

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zhenya 1y ago

interesting. fractional shares as in more etf shares than bitcoin held? or as in all custodied bitcoin is paper bitcoin making all shares fractional?

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