The Fed essentially borrows money i.e. prints money to buy out securities in the market to add more money into the economy. But because they printed more money, your dollars are worth less than they were. Hence why I call it a zero day attack on your money.

Quantitative easing is a zero-day exploit on your dollar savings

The politician I don't like caused every problem in my life and the politician I like has never done anything wrong 💆

What do you guys think the world really needs from open-source, online communities right now? I'm building yet another microblogging thing. It's awesome and I think you guys are going to really like it. But I feel like there's some idea floating in the ether that we haven't grasped yet. Something new.

dark pools then... will take time for the market to discover the change

I dunno. Maybe they already owned it. This has been happening with gold for decades.

The more that IOUs are accepted as bitcoin, the higher the bitcoin supply. The current price is absurdly undervalued, but the price is set by exchanges. FTX had billions in bitcoin liabilities and owned only a couple million. For all we know, the etfs are buying fake bitcoin from coinbase.

seems like the only explanation for zero movement on the dial, and maybe the real reason they are doing this

But wait there's more:

Blackrock can just skip the buy bitcoin step and issue as much paper as they want! It isn't legal but laws are for poor people! So the price of bitcoin doesn't change because nobody bought it! That seems to be what happened yesterday since the etfs received 2 billion dollars on day 1 and bitcoin went down.

That's the 11 US etfs that got passed. There's 1 more in the works, so there might be 12 soon.

It's worth remembering grayscale converted their fund, so that wasn't new but existing.

"is NOT an ostrich"

Is this suppose to be a feature?!

You are not bullish enough #nostr #cyberspace #ONOSENDAI #yondar

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First post! New here! This must be part of the social multiverse 0.0

#introductions

ETF Ticker and initial performance.

BRRR or HODL or GTFO.

Glad to be here.

WE NEED CORNERS.