Space Hodler on Nostr: And how much bitcoin do they own? There is money and there is money. One source ...
And how much bitcoin do they own? There is money and there is money.
One source states "Around 8% of all the Bitcoin in the world is owned by governments and companies."
The hardcore, anti-establishment bitcoin army is not going to give up their BTC easily and there is little bitcoin left to scoop up (whatever is being traded on CEXes + what's left to be mined).
BlackRock by paving the way to institutional adoption and pumping the price will shift the balance of power towards the aforementioned bitcoiners and away from itself.
One source states "Around 8% of all the Bitcoin in the world is owned by governments and companies."
The hardcore, anti-establishment bitcoin army is not going to give up their BTC easily and there is little bitcoin left to scoop up (whatever is being traded on CEXes + what's left to be mined).
BlackRock by paving the way to institutional adoption and pumping the price will shift the balance of power towards the aforementioned bitcoiners and away from itself.