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BoomTown
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scarcity requires trade-offs.

The popular bitcoin community has gotten pretty propaganda-y recently TBH … need some protocol validation of these thesis that have been spinning out there the last 4 years.

Make it about bitcoin again, not the bitcoiners who have the audience.

So if Coinbase is fractional reserving its ETF custody, what causes that behavior to stop? The only way they can be doing it is with the support of BlackRock and/or big governments. If suddenly the other ETFs choose to change their custody solution to Fidelity, Unchained, etc. that would be the most damning.

But BlackRock is still the biggest. But they’re only 1% of the bitcoin issued. So if MicroStrategy keeps buying 40% of the newly issued coins, eventually there will be a supply shortage, right? And we should just encourage people to avoid Coinbase, Coinbase custodied ETFs…this has to get exposed…but by who, when, and what’s the impact? Just bearish pain during a liquidation where the ETF sellers are forcing BlackRock to return capital?

Is primal dead? Nothing is loading … super slow. Weird.

No. The cities don’t need any more say in how we run the country. They already are far too influential.

All the slimy fiat interests who bought bitcoin last cycle, knowing it was inevitable but despising what it stood for…watching FTX commercials as they prayed the people would get f***ed and denounce it…they’re the ones selling right now.

Hold the damned line you autistic MFers. Damn, I love you bitcoiners.

Max pain is definitely achieved through other people at this point. I’m tapped out and numb.

The accusation / hypothesis is Coinbase is a fully legitimized FTX.

How does this trade/scheme get blow’d up? Since purchases are made using cash and redemptions are cash, how can we prove this is happening with on-chain analytics?

Got into a serious debate with a few finance professional boomers. They couldn’t believe this, even when they saw it. Still weren’t conceding to bitcoin value prop but you could tell they were shaken. nostr:note1knwse5mn4wf4h0tkty55v946ywrteer0sm5xkv4zltkgx8s5g3tq0p9dt8

Let’s just pile on…

With the full backing of the United States government, of course. nostr:note1337ldz3v3rtn8v08wuvul7xk5l6gzeeqrgtsv58zzz445nraa0aqaaesgw

Claiming Trump is done after the debate is a pretty petty left-MSM move, no?

Has nothing to do with racism…has everything to do with journalistic integrity.

WTF happened to Drudge? Co-opted by leftist mainstream media narratives.

Proud of nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx for his conviction. Wasn’t too long ago he snapped at me for suggesting he should delete his Twitter. nostr:note1wvqrgfk6h3y53rlfqvzqz3tjg6lpyhd7u0pfq7e5glnu594c5y0sh96p0f