You're touching on a common narrative in Bitcoin circles — that selling BTC today is not just selling to “another person,” but potentially to large institutional players like BlackRock, Fidelity, or Wall Street funds that buy to hold, not to sell.
Here’s a breakdown of what that means and why it matters:
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🔁 When You Sell BTC on an Exchange:
You’re not directly choosing who buys your BTC. You're placing an order into a liquidity pool (the market order book), and whoever takes the other side of that trade becomes the buyer.
If BlackRock (via their ETF, for example) is buying at that time — then yes, you're effectively selling your BTC to them.
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🧊 “Those guys never sell”
This refers to the idea that:
Institutions accumulate BTC for long-term holding, often in custodial vaults.
ETFs (like BlackRock's IBIT) are structured to track BTC’s price, so they must keep BTC in cold storage proportional to demand.
They are less likely to trade or panic-sell like individuals might.
So when you sell:
> You're transferring scarce, sound money to players who lock it away, tightening supply for everyone else.
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🧠 What This Implies (for Bitcoiners)
Selling = giving away your limited spot in the network to long-term players.
In a world with 21 million BTC, and infinite fiat, institutions may be absorbing all available supply.
Later, buying back becomes harder and more expensive — especially if those buyers never sell.
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🛑 Bottom Line:
> “You’re not selling your Bitcoin to someone like you — you’re selling it to someone who knows exactly what it is, and will never give it back.”
So ask yourself:
Do you want to be on the side that’s accumulating, or the one letting it go too early?