Replying to Avatar Thomas

Some thoughts from my side..

Tourists might be a pain in the short run, but quite a few of them will end up becoming the Bitcoiners of the future. So no tourist-bashing from my side.

What I don’t really get is this idea that banks are “attacking Bitcoin” or “manipulating public opinion through narratives.” From where I stand, banks, especially in the US, are doing the opposite: adopting BTC on their own terms. ETFs, custody services, treating Bitcoin as a legitimate asset class.

I get the frustration about gold and silver rallying while Bitcoin lags behind. But that’s just a snapshot in time. Over a 5–10 year horizon, BTC will outperform, just like it always has. Let Schiff enjoy his moment. We’ll be the ones partying and cheering later.
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Micael 3d ago

Banks have been manipulating markets and public opinion for centuries. In the last decades they paid millions in fines because of manipulating gold prices.

ETFs and “institutional adoption” is just another way for them to control some % of the liquidity and so the price in the short term. They are experts at this.

Banks don’t care much about Bitcoin if it is just another “asset class” being utilized as a collateral for fiat loans.

They fear Bitcoin as a MoE. and they have always fight that narrative for the NGU asset

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