worshipbitcoin on Nostr: GM nostriches! ๐โ๐๐งก #coffeechain #plebchain #grownostr Maybe unpopular ...
GM nostriches! ๐โ๐๐งก #coffeechain #plebchain #grownostr
Maybe unpopular take:
Collectively #Bitcoin plebs & HODLers are doing the same thing as Binance does with BNB, FTX did with FTT and the diamond cartel does with diamonds.
We are increasing the illiquid supply to inflate the total market cap.
Ultimately I think liquidity is what gives Bitcoin value, and for hyberbitcoinization to take place that needs to go up a lot.
Just some thoughts as we are heading into the halving and possible squeeze of the price (partly as a function of illiquidity).
Maybe unpopular take:
Collectively #Bitcoin plebs & HODLers are doing the same thing as Binance does with BNB, FTX did with FTT and the diamond cartel does with diamonds.
We are increasing the illiquid supply to inflate the total market cap.
Ultimately I think liquidity is what gives Bitcoin value, and for hyberbitcoinization to take place that needs to go up a lot.
Just some thoughts as we are heading into the halving and possible squeeze of the price (partly as a function of illiquidity).