What if, during the above scenario, Coinbase, the custodian for 10 of the 12 #ETFs is declared a systemically important institution?
Would they be required to cooperate and be forced to participate in such a #GreatReset ?
FOR THOSE CHEERING FOR INSTITUTIONAL #BITCOIN ADOPTION:
Please answer these questions:
What if all the "loose" #BTC in circulation is absorbed by those 12 #ETFs?
What if the legacy world bets against #Bitcoin using the #derivatives market?
What if the bet goes the wrong way?
What if a #bailout (reset) is needed as the result of losses suffered by those institutions in the trillions?
What if an executive order is issued to confiscate all #BTC requiring YOU and everyone else, including those 12 #ETFs to sell all of your #BTC to the US Government?
Not possible you say? See https://lnkd.in/eH5Tjtxa
YOU would be ordered to cover THEIR short position and pay for the bailout or #GreatReset of THEIR system.
Would you have regrets? Would you obey the executive order? Would you then ask if this was a planned part of the #GreatReset? Would you examine your own greed?
On January 3, 2009 at 13:30 EST you protested against the fractional reserve banking system. During the following 15 years, you lobbied for institutional adoption of #Bitcoin and sensible regulation of #crypto from the very same system you opposed on that date.
What if, just to add insult to injury, the first #Bitcoin #ETF gets approved on January 3, 2024, exactly 15 years after the date of the #GreatProtest? What if trading opens at 13:30 EST?
Would you then think that it was all YOUR fault?
THINK ON YOUR SINS
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