Sage on Nostr: Given the high ETF inflows I am surprised the price of bitcoin is down recently. I am ...
Given the high ETF inflows I am surprised the price of bitcoin is down recently.
I am concerned that the ETFs aren’t sharing proof of reserves.
My inner conspiracist is telling me there’s potential for paper bitcoin to exist in the market this next bull run - similar to how FTX created paper bitcoin, surpressing the price in the last bull run.
(Credit to bitwise for posting proof of reserves)
#grownostr #nostr #ETF #zap #bitcoin #pleb
I am concerned that the ETFs aren’t sharing proof of reserves.
My inner conspiracist is telling me there’s potential for paper bitcoin to exist in the market this next bull run - similar to how FTX created paper bitcoin, surpressing the price in the last bull run.
(Credit to bitwise for posting proof of reserves)
#grownostr #nostr #ETF #zap #bitcoin #pleb