The cherry on top is commercial banks, the most insolvent institutions ever created, are now begging the SEC to let them take the poison pill.
Please someone explain how this is bad for Bitcoin.
The attack vector was institutions even after Congress passed the Gold reserve act in 1934.
What is the attack vector with Bitcoin? State sanctioned torture police collecting private keys? I don't think so.
Bitcoin is kryptonite to tradfi. The ETFs let Bitcoin walk right in tradfi's front door. Bitcoin based tradfi products are the most toxic financial products ever created. It's over.
Not if. When.
50k is a bargain
Tony Romo hurming Adele is the Superbowl peaking hard
Nor a donkey brained person
GMerry Xmas Friends
You don't call homosexual people gay, you call your friends gay when they're dabbling in crypto
#m=image%2Fjpeg&dim=300x168&blurhash=iMF%7D%5B%5DNFx%5DR6kXNwrrxtkB%7EWIotRnOxuxuE0S1t8ENxai%7BaznixGkCkCofNds9sokXt7V%40t6n%25oL%252n*s%3AWUbGt8NGj%5Bj%5B&x=6119c31f67f4c8d342c3e870d60d3e8813d333ca7e98ab8aea306999413611fb
Financial advisors are going to start egging my house.
Here’s the video from this morning titled “how much #bitcoin should I own?“
Based on age and savings.
Let me know what you think. I’m going to do a follow-up video this week with feedback AND the info from peoples investment advisors.
Dm me, comment, or send me an email to 88sats@proton.me
https://www.youtube.com/live/LdD0NwICtWk?si=DObrWieiVLCVZGTc
Financial advisors are going to be fired en masse.
#spatchcockstr
More than 1
Know what? They put anyone who speaks on there. WEF are scammers.
It's raining y'all #rainstr
My wife is cool as a cucumber
#Bitcoin Supply Squeeze - people have very little understanding of just how huge of a supply shock is gonna get.
https://insights.glassnode.com/the-week-onchain-week-46-2023/
Illiquid Supply is currently increasing at a rate of 180k BTC/qtr which is 2.2x more than issuance.
In aggregate, their accumulation rates have exceeded new issuance since Feb 2022, being the longest and most sustained period in history.
In this edition we explored the tightness forming within the Bitcoin supply using a variety of supply measures and heuristics. There is notable confluence between these metrics suggesting 'available supply' is at historical lows, and rates of 'supply storage' exceed current issuance by a factor of up to 2.4x.
The "diminishing return" crowd is gonna get wrecked
GM friend.