Unfortunately bad actors now are like
Valkyrie futures bitcoin and similar products found on Binance
Infinitely traded bitcoin that isn’t there
Solution though is stopping them, unlike silver/gold all we have to do is self custody the lot and boom… paper can’t trade coz nothing to short
As we won’t sell bids run up and up
Say we set the floor at 10 million $
If they can trade infinitely
We can also starve supply until bid is infinity
It’s the first time we’ve had anything that allows us to win so easily