Well there was always going to be leakage as management has to get paid (and healthily I may add).
A lot also never actually bought BTC outside pipe deals to insiders, and a bunch ran these scammy BTC converts with whales (whale can retract their BTC if the stock price doesn't moon).
Question marks at every corner.
"Well there was always going to be leakage as management has to get paid (and healthily I may add)."
Yes this is the central issue. And I know you would know as I'm sure you were amongst those who, due to your public persona, were offered enticing endorsement deal.
When it gets to that stage when they would be so desperate to perpetuate the mirage at any cost, you know the whole thing has gone upside-down. Time to unwind. Personally I'm glad it bursts now and not later on.
Such pathetic money grabbing.
Good on everyone who just stack pure hard unconfiscatable bitcoin, for the uptenth time, once the market sorts itself out, the stackers will be vindicated.
I was offered a 'Head of Bitcoin strategy' role at 5 treasury companies.
I said no to all of them, without asking anything about the package. Not interested, I love my job as it is.
I'm 99% certain this was put to you in a pod regarding ETFs, That games would be played, you said it would be near impossible
Wherever humans are present. There will be a grift.
Just stack relentlessly
I would have said it would be highly unlikely that the ETFs were unbacked, and not hold the coins.
I still hold that view.
