Institutional flows are moving into Solona…unfortunately.
How much capital do you think it would take for institutions to provision 20k nodes?
Where did you get your all cap keyboard?
Institutions are willing to put capital into an asset at 50k/coin. But they are going to be less willing at 1mil/coin. Institutions will have to sell products. Institutions will have a harder time selling that product at a much higher price. Therefore, another will need to be created. For institutions this isn’t about buying great assets but selling products.
100 years ago, #gold was much more decentralized. A higher percentage of citizens held #gold. Over the past 100 years, institutions have convinced citizens that don’t need to own gold. Citizens have sold their gold and it has become more centralized. A handful of banks own majority of all gold above ground. The same thing will happen to #bitcoin. Institutions have a century time horizon, citizen don’t.
How long will it take institutions to suggest that we(the people) should increase the number of bitcoin from 21 million to X number of #bitcoin ? I think over the 5 to 10 years you will see institutions play the most aggressive game of game theory to control and exploit bitcoin. And to also remind the people to who sets the table in this game.
I don’t think that’s how supply and demand work. When Demand surpasses supply exponential and other competitors come into the market. I think that’s why there are dozens of hamburger chains.
Well, if nobody sells, the asset becomes illiquid. And people will move into other asset classes including other digital assets?
If you don’t hold it. You don’t own it. #gold #silver #platinum
What a joke! Every month they present an over inflated job reports. Then, 90 days later they update the numbers to a much lower number and the market doesn’t flinch. nostr:note1h3ceudfderfwah5nc8px7lt7u2jc3kzcsfj66spnggduqk5sz6hqfpc7qw
don't give your hopes up...
I’m listening to nostr:npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw ‘s spaces stream atm. I’ll be hanging around here till 5 am in my time.
Why are bitcoiners still on blue bird? they can host on nostr nest.
#m=image%2Fjpeg&dim=2040x1536&blurhash=%238B%7Bu%25TJ0h%2C%5BDlR6%3FFtQI%3BS%7E%5E%25xt02nOxZofE2-V5Y-p%5EiNGxsS%24R.a1w%7B%5E*4%3BM%7B%7EANaI%3Bs%3A%251M%7CM%7C-oW%3DE2s.%24%25r%3FI%3BSznixaW%3DR*WBn%24smNHNakXt7smoKWVI%3ANasmaK&x=98a3d389702bdfd64e561310efb13092ad0f8d02f59a9ddadf847daff77b0c82Awesome job! The highest amount of time I have done is 96 hours. It was tough. It’s been several months since I did it. But, I felt incredibly accomplished. Please let me know when you want to do a fast.
Smart move to start with bone broth. I ate a great Mexican chicken soup for a few days. It was wonderful!
Congrats