0a
Leo
0a38ff21e8cd9d1d6d22ab65b96267721ecacac53ffdba2a4c074671574c1cce
Hi

What? These Companies now hold a huge amount of Bitcoin through their ETF offerings.

Market makers (of which these companies are now the largest) provide liquidity to the market, which reduces volatility.

So yes they can heavily influence the price, because they are the heaviest fish in the market, we are already seeing the price trading sideways for longer than it ever has in the previous cycles. And as the more inflows that pour into their ETFs, the more bitcoins price will trade sideways as time goes on.

The joke is that the fighter jet is the ufo to 3rd world countries. If you look at one especially the F-35 from head on, its outline has the same shape as a ufo.

1. Unfortunately p2p does not prevent market monopolies. It does allow you to bypass middlemen such as banks though and retain financial privacy

2. No, big companies are not scamming you out of your money, they might be price gouging but they're not scamming you.

I think using something as an intermediary (money) is fine but that is not the problem, the problem is that there are no laws limiting the hoarding of the supply of money such as what can be done with the US Dollar and also the inflating of it's supply. Bitcoin does a have a capped supply so that's good, but satoshi should have implemented a way to prevent hoarding to stop the potential of centralization of the bitcoin supply which does matter it's not just the network centralization we need to be worried about.

Bitcoin is only pow when it comes to mining, unfortunately not when it comes to exchange. It's no different than fiat when it comes to immoral people being able to hoard it via violence and exploitation in the physical meat suit space.

Okay but the problem is that money centralizes into the hands of guys who use violence and lies that leads to massive inequality. Look at the global south they're extremely poor compared to the global north because Billionaires are constantly interfering in their countries organizing coups to take office and claim the resources.

Also someone should make a news aggregator nostr app.

Can some of you start making accounts that post news about specific topics, that will definitely get me to delete Xitter.

Bro too excited to make new features that he didn't even look in the mirror when he shaved this morning. 😂👌

First post wassup!