Comments for sats
Former hedge fund star and unabashed digital asset evangelist, Mike Novogratz, believes traditional finance will drive bitcoin’s next evolution. He also rails against outdated regulations, Baby Boomers and America’s obesity problem. https://go.forbes.com/c/g3mC
#Nostr | #growNostr | #Press | #PLEBchaiN | #Newstr
Is he still tatted?
Literally the first thing I said when I saw this
VANGUARD IS LETTING CUSTOMERS SELL GBTC BUT NOT BUY IT
KNEW THIS WOULD HAPPEN BUT NEVER DREAMED IT WOULD HAPPEN DAY 1
https://bitcoinmagazine.com/business/vanguard-reportedly-restricts-customer-access-to-spot-bitcoin-etfs nostr:note16kqs2u6t0875007xztkm5lvff0an4pjz9t5xv8jret5043jpcwksfc9mku
This had been the case for a while months.
Oh I mean yeah its gonna be a shit show. I fully expect a few if not all of them to get wrecked doing something stupid. I just think bitcoin is stronger than them. Also etf approved so were gonna find out soon either way
If everyone has to agree then bitcoin was always fucked, it would be exactly the same as fiat. If a etf with 15% of total bitcoin is gonna end bitcoin it was never gonna work. Its time to sell and short bitcoin classic
If you're presupposition is that you an buy people into valuing things yes then you're right. But then the whole notion of bitcoin is irrelevant. Why bother just make people value the dollar or jpegs.
I think that's where you can't make people value things over the long term not against reality.
So in this case you would just have created a dork that they can't even control since they at best can get 2-3 million bitcoin assuming most of the hardcore bitcoiners aren't gonna be selling for an etf. They would now have a bitcoin they could be prevented from using by major bitcoin whales or more likely they would change issuance and a system they can control but now not gonna be useful as a money. Who's gonna adopt that again?
I think you're getting causality backwards. If they buy bitcoin the value they put in would already go to current sellers or miners. Them forking doesn't let them Set the price of the new bitcoin. Theys still have to convince buyers to buy it. Also them selling all their bitcoin doent make mining unprofitable.
If you think that BlackRock & friends are going to make an ETF on Bitcoin and keep Bitcoin as it is, you're wrong.
They'll use their power to change it and probably will succeed.
What we call Bitcoin today will be called "Bitcoin Classic" or "Bitcoin old" or "Bitcoin POW" or whatever in a few years, and will be worth a small fraction of what's worth today.
Bitcoin will be controlled by BlackRock and Co.
Who controls Bitcoin? They buyers. When there's a single huge buyer, he have an incredible power.
https://x.com/Blockstream/status/1744476921965248905
ETF are an attack on Bitcoin.
So what do you think they'll do precisely. Fork bitcoin?
Does anyone remember the app MicroStrategy had where they had the percentage gains of different assets. Then you could compare it to bitcoin. Can someone tell me the site?
Ergo or standard stuff? Also what size are you looking for?
You're right squirrels are exactly the same as humans. Anything that isn't about storing nuts for the winter is an abomination.
Air was also used by Nazis and rockerfella clearly an elaborate ploy to take over the world. You must be some kind of genious to have put all this together kudos
I can't remember exactly what it was but I feellike I lost some respect for him before the VAX thing. Could have been trump related but yeah I definitely didn't feel like he really practices the stoicism. Though I think his writing is pretty accessible and not innacurate in terms of stoicism (AFAIK)

