I took Econ in Uni but the fundamentals of BTC did not hook me at first. It was the price action. When something of this size moves this much, obviously there is something you don't understand. The market speaks.
nostr:note12kfksy3lrtsceg9ukzqgmc7yz8tqd485j47dt4cmfh0dq6rzwtaqtzefp7
Just from today.
Lol the Tradfi takes are getting hilarious.
The folks $34 Trillion in debt say they will pay you to go fight a war. LMAO
There is no central bank or monetary authority to hold back the tidal wave of money exiting the system.
I like to read trash takes on Bitcoin from Tradfi "journalists". We still got our edge. 
BTC-ETH spread and ETH-BTC spread are what keep the whole thing liquid.
Bitcoin can't *really* move until that's taken out. #Bitcoin 
If you have infinite dollars (Fed) and can create infinite ETH (JPMorgan) you can manipulate BTC. This is what is occurring.
Not enough bitcoiners understand this because they don't understand market plumbing.
The last time I checked the reverse repo market. The Fed had a little over 1 trillion dollars. Today, that number is less than 500 billion dollar. Holy cow! Looks like this party is going to start in summer of 2024.
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
Starting now
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This whole thing is a lot closer to over than you think.
The dollar price of #Bitcoin is just a trick to get you to part with your stack.
The bots are starting to reply on here. Lots of these nonsensical comments.
Most people have no concept of markets or money. 90% think the money system is functioning normal.
That goes for basically all NATO economies.




