My initial point still is that Blackrock doesn’t play by your rules, and that whatever game theory you think exists on a Bitcoin Standard, does not apply under a Fiat Standard.

Regarding chain analysis « goes both way », please point me to the public adresses of the Grayscale Bitcoin Trust. It’s much older and much bigger than any existing BTC ETF so you shouldn’t have any problem finding them.

Lastly, I do not need to address your point, since mine is just the opposite. Only time will tell what will actually happen.

My initial point still is that Blackrock doesn’t play by your rules, and that whatever game theory you think exists on a Bitcoin Standard, does not apply under a Fiat Standard.

Regarding chain analysis « goes both way », please point me to the public adresses of the Grayscale Bitcoin Trust. It’s much older and much bigger than any existing BTC ETF so you shouldn’t have any problem finding them.

Lastly, I do not need to address your point, since mine is just the opposite. Only time will tell what will actually happen.

What am I missing then?

Chainalysis goes both ways and those public addresses will be tracked.

But even if they aren't, you've still failed to address my key point - that the game theory incentivizes Blackrock to buy and hold sats just like it does for everyone else: people, corporations, and nations alike.

You'll have no way of knowing how much BTC is held by Blackrock because you won't have access to their public keys, and you won't have enough fiat capital to margin call them.

I just laid out why Blackrock has no interest in playing by your set of rules, and so far I couldn't find a single counter argument.

great as art gallery middleman. document on artwork. royalties from art. Still has traditional uses in the art world. You will know its art from me. you'll have docs its from me to the collector. Many other stuff. entry to my show. Please reconsider what nft can be used for. a contract.

This guy is on my mind… He is half blind and old, made it all the way to the top of the street dog packs so that he “owned” a 7-11 entrance, getting food & attention of course.

Then they started tearing it down… Now that is a brutal blow up of your pension plan…

Got him some quality dog food, tasty beef, but even that was not enough to calm him down. Later in the day he was doing better, and of course the food was gone :-)

Pretty sure that he won’t move at all, people have been feeding him for quite a while, so I guess I’ll just see what is going on the next days… Thanks for the zaps anyway, they do go a long way towards helping #dogstr here!

"People just got a taste of what the ETF approval will feels like."

Exactly, the price pumped then dumped.

If you think Blackrock is your friend and has anything to gain by pumping AND holding Bitcoin, I have a bridge to sell you.

After the ETF approval, yes the price will pump, and yes it'll dump later.

Blackrock & Friends live and thrive on a fiat Standard, where the money supply is unlimited, and where they benefit disproportionately from the system through political lobbying, Cantillon effet, and price manipulation.

Going on a Bitcoin standard (with the Bitcoin price skyrocketing, and staying there) would mean all of the above is moot, and on top of that you'd have to produce actual work to expect reaping dividends and/or interest from your capital.

I wish there were more realistic and logical takes over wishful thinking, so feel free to tell me why I'm wrong.

Please support your Nostr #artist with #Sats . Needs Sats to mint art in #bitcoin #NFT made for Nostr. #art with #paintwithdow on #nostr

LMAO #Bitcoin

No 😂

Hello World! Woo!

In 2012 Facebook ran a psychological experiment on a segment of users w/out their consent. They displayed only positive or negative posts to see if it caused the user to be more positive or negative in their own posts. “Emotional contagion”. Unsurprisingly, despite the disregard for ethics violations around running psychological experiments on people without their knowledge or consent, Facebook pointed to their Terms of Service to justify the emotional manipulation of their users.

I zap #33 when I vibe with you and #420 when I learn something new/weed related. Do you have a zap number system or am I just weird?

That's how the best local chef around here prepares it anyway

Interesting. Not sure but interesting.

Find a really good restaurant that knows how to cook Prime Rib.

Nothing like it.