Anyone encouraging or applauding billionaires buying BTC is really missing the point
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Anyone encouraging or applauding billionaires buying BTC is really missing the point
We need to keep in mind the DXY is priced against a basket of other fiat junk currencies and not against real assets, i.e., BTC and gold. They are just hammering real asset prices because they can and we invited them in. All planned. Once we let the foxes in the henhouse, this is what we get
Agreed. Since BTC was designed as a p2p currency, lets use some of it. Sats are meant to be spent, while BTC is meant to be saved. As the saying goes, if you dont use it you lose it. Not sure that totally applies but in this moment that's how I feel. Also, if you have a fold card, you can buy a gift card with fiat and earn sats. Today looks like you get a Sat boost at S&S. Great card if you don't have one to stack sats!
Guess I don't see how anyone thinks the financilization of BTC is not upon us. We are in the great taking. Be vigilant in how you own your assets
Yes, they want you to give up your keys
Agreed, however, in kind redemptions for IBIT ETF are limited to authorized participants, i.e. the creators and redeemers of the ETF. Think JPM, Jane Street, etc. Not you and me at this time. If this changes to any owner of the ETF, I will probably change my mind about these paper funds
, I'm also a big fan of God, Jesus and also BTC. These ETPs don't offer real BTC. Fugazi. They capture BTC price for the "investor" but are not an investor's BTC. It's these company's BTC, not ours
"Information is not knowledge. Knowledge is not wisdom. Wisdom is not truth. Truth is not beauty. Beauty is not love. Love is not music. Music is the best" - Zappa_Packard Goose One of a kind musician, composer, lyricist, visionary and overall free thinker. If you haven't explored his expansive catalog, you're missing out...and yes, he would of been a bitcoiner
I wonder if you said you were into bitcoin, you could get out of jury duty
Let's be clear. Adoption is growing in centralized structures, i.e., ETFs, govies and corporations. We the people are not the winners in this fight right now. Individual adoptions ownership needs to escalate to keep it out of the governments and corporations hands. If this doesnt happen, it will become another co-opted financialized asset. We have to remember that Bitcoin is for us, not them. Blackrock is not here to help us, neither is Saylor
Humble hodler; In Tradfi rehab