ETFs form to fuel the bull market. ETFs blow up to fuel the bear market. Suits get rekt. A handful of CEOs get it through their head that they can custody their own BTC. Adoption grows. We stack sats
Discussion
The suits will get their 2 and 20 no matter what... I doubt they will become positional on something with extreme volatility like bitcoin.
It's like the lion / water buffalo conundrum in Africa for these suits... they will fear the exotic lion (bitcoin) and believe it to be dangerous, but will totally ignore the plain looking water buffalo (U.S. Treasuries) that kills orders of magnitude more people
True. Let’s be clear. Some funds and companies will get rekt. The suits will land safely with their golden parachutes to continue the degeneracy all over again somewhere else with another scheme.
You miss my point.
It's like Mark Twain said: "It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so."
It will be a lock up in the Treasury market that kills these banks, believing in a "risk free rate"... the Treasury is rug pulling these MFers as we speak.
Bitcoin will not "ReK ThE SUiTs" that's childish
You’re right about the treasury market probably.
But honestly i don’t give a shit if it’s childish, those that can’t tell the difference between real and paper bitcoin are gonna get rekt, suits or not.
Just feels good when it happens to the suits :-) 🤷♂️