Today's Bitcoin ETF train highlighted the market's eagerness for approval. Bitcoin surged to $30,000 in minutes without any confirmation of a launch date. When a Bitcoin ETF is approved, we can expect unprecedented price action.
Until then, I hope that people in developing countries discover #Bitcoin and stack as many sats as possible. Bitcoin is for everyone, but it is especially beneficial for certain segments of the population. Whales and Wall Street do not need Bitcoin, but we know who does.
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Why don’t Whales and Wall Street need bitcoin?
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Hubris
They seem to be benefiting quite well from the current system. Maybe they don't need it as badly as others? Does that make more sense?