New topics covered with nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m this week.⚡️
⬩Spot Bitcoin ETFs
⬩#Bitcoin Halving
⬩Can #Bitcoin 'back' the U.S. Dollar?
⬩#crypto regulation
⬩Contrasts among investing strategies for ETFs, mining stocks, companies like MicroStrategy, & direct asset acquisition/self-custody
youtu.be/1lxqUWXzVGY
Really looking forward to listening to this one today 🤙🏼
Can you ask him how he expects to keep selling more stocks to fund his BTC stacking? Why would anyone keep buying his more and more diluted stocks?
Interview already happened. There are plenty of fiat brains out there that will gladly buy more assuming the price action continues its uptrend.
Why would he not trade inflationary soft assets for the hardest money ever?
🤙
Saylor is bullish. Imagine that...but he is currently VERY bullish. I agree with him completely. By the way, he has been directionally correct about pretty much everything I've ever heard him talk about.
Clarity in regulations has increased. Bitcoin is different and clarity has increased, while clarity in other crypto has only worsened.
More people/institutions are likely going to want to buy Bitcoin. Very few can easily do it.
Many individuals don't know how to do it but would do it if they had access via their traditional channels. These are not as good as buying/holding your own on-chain Bitcoin but viable models for many of these people.
Institutions have investment mandates that don't allow them to invest in the asset class. They also have to stand-up the infrastructure to custody this type of asset within their walls. This is not an easy thing for them to change (it will take time).
Continuing improvements in regulatory clarity and investment access (think spot ETF) will make everything easier for everyone.
Even if all these people begin allocating to it there are not many sellers as new money comes in. Exchange balances are as low as they have been since 2017 bull market (2.27mm Bitcoin now, down from 3.1mm at 2020 peak). https://en.macromicro.me/charts/29045/bitcoin-exchange-balance-total
Add to this an upcoming halving within the coming year (block reward goes from 6.25 down to 3.125 per block). Blocks occur about every 10 minutes (so 900 new Bitcoin a day become 450 new Bitcoin a day). This will make Bitcoin's stock to flow ratio 120 (it is currently 56). Gold's stock to flow is 62. The next halving will make Bitcoin more scarce than gold. Another reason Bitcoin is better than gold as a store of value asset.
Demand UP + Supply FLAT/DOWN = PRICE will need to rise to unlock supply.
I think he is directionally correct here as well. Bullish Bitcoin!
[Runs Through Brick Wall.gif]
Great interview nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech and nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
Excited!
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Adding to my weekend listening ⚡️
Great episode 👍 His guide to "what should you own"... Something that a person smarter and richer than you would want to buy from you in a decade was just 👌
When he was explaining blackrock and other giants coming to bitcoin space, i had a question..
Since there exists 100:1 paper gold vs physical gold because of these giants (fact exposed by gata.org years ago), it dilutes the demand and manipulates the price. Can't they do the same with bitcoin, creating paper bitcoin, absorbing all the capital and creating an illusion of bitcoin ownership where none exists... This may suppress the price.
Curious to know his point of view on this.. 🤔
