The Nomadic Goat on Nostr: GM. It is weekend, so hear me out. This is a conspiracy theory from me, but in the ...
GM. It is weekend, so hear me out.
This is a conspiracy theory from me, but in the world we live in, why not?
So... what if the large Financial Corporations who launch the BitcoinETF are purposely dumping the BTC price and thus not letting it grow in value?
If you are a company who beside BitcoinETF also owns several other assets and ETFs of regular stocks to offer your customers, you can clear see a unbalance of returns when comparing Bitcoin with anything else.
So... how do you solve this problem of unbalanced returns? By holding back the returns of your best performance asset, not to devaluate the others and keep a stable interest from customers to all your products.
If these companies sees a mass flux of customers moving to BitcoinETF in detriment of their other products, this would be bad for them.
A possible high devaluation of stocks and loss of company's MarketCap would break the stock market and the whole ecosystem we have.
The answer to that is not letting Bitcoin grow out-of-control. It's by controlling the market using the thousands of BTC these companies have accumulated in the past years to fund these BitcoinETFs.
By not letting Bitcoin grow exponentially as it would and could, these companies keeps all their products relevant to their customers.
It is just my opinion. But if indeed comes out to be true, you heard here first.
This is a conspiracy theory from me, but in the world we live in, why not?
So... what if the large Financial Corporations who launch the BitcoinETF are purposely dumping the BTC price and thus not letting it grow in value?
If you are a company who beside BitcoinETF also owns several other assets and ETFs of regular stocks to offer your customers, you can clear see a unbalance of returns when comparing Bitcoin with anything else.
So... how do you solve this problem of unbalanced returns? By holding back the returns of your best performance asset, not to devaluate the others and keep a stable interest from customers to all your products.
If these companies sees a mass flux of customers moving to BitcoinETF in detriment of their other products, this would be bad for them.
A possible high devaluation of stocks and loss of company's MarketCap would break the stock market and the whole ecosystem we have.
The answer to that is not letting Bitcoin grow out-of-control. It's by controlling the market using the thousands of BTC these companies have accumulated in the past years to fund these BitcoinETFs.
By not letting Bitcoin grow exponentially as it would and could, these companies keeps all their products relevant to their customers.
It is just my opinion. But if indeed comes out to be true, you heard here first.