Stack Hodler on Nostr: Over the past year we saw: - A major transfer of BTC from weak to strong hands - ...
Over the past year we saw:
- A major transfer of BTC from weak to strong hands
- Massive amounts of leverage wiped out
- Paper Bitcoin exchanges nuked
- "cRyPtO vCs" rekt
The dollar has given up about half of its gains from last year, and continues to fall after yesterday's FOMC.
Meanwhile there's a fat wad of cash on the sidelines. What happens when people realize cash is once again trash?
- A major transfer of BTC from weak to strong hands
- Massive amounts of leverage wiped out
- Paper Bitcoin exchanges nuked
- "cRyPtO vCs" rekt
The dollar has given up about half of its gains from last year, and continues to fall after yesterday's FOMC.
Meanwhile there's a fat wad of cash on the sidelines. What happens when people realize cash is once again trash?