It’s Wall Street derivatives. The goal is to centralize as much bitcoin as possible in ETFs, leverage.
Next step is to make self custody difficult.
Derivatives will suppress Bitcoin’s price until reality forces a reset.
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From that insight alone I'd expect more respect from Bitcoiners for Monero.
Monero has been there. Fractionally reserved and price suppressesd for half a decade.
Since the exchange delistings it's only up. Everybody chooses their exposure to Wallstreet fuckery.