Replying to Avatar Seth Michael Steele

It seems the recent sell off was due in part to FTX looking to liquidate over $3.4 billion digital assets, #Bitcoin being the only one worth knowing about, everything else is đź’©, sorry, not sorry.

I like poking flaws in FUD, and the blaring flaw in this FUD is FTX barely ever had any #BTC in the first place. In fact, they have LESS than 11k #BTC to sell, which doesn’t even make up 1/12th of their entire “stack”.

Even if Fiat denomination is negatively impacted, #Bitcoin Dominance will likely be positively influenced.

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m2carbine 2y ago

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