MartyBent on Nostr: One of the most exciting things that will materialize this cycle is bitcoins ...
One of the most exciting things that will materialize this cycle is bitcoins multi-trillion dollar liquidity profile.
The biggest knock on bitcoin to date when it comes to how it can solve bigger economic problems to date (settlement for large oil trades, central bank reserve asset settlement, etc.) has been its lack of relative liquidity.
“The market isn’t liquid enough for that. One of these trades would move the market too much.”
As we approach $10T, $20T, $50T and beyond these arguments against Bitcoin become much harder to make and past naysayers will be forced to recognize bitcoin’s ability to facilitate this type of trade. It will eventually get used in these larger transactions and beget more liquidity.
Victory.
The biggest knock on bitcoin to date when it comes to how it can solve bigger economic problems to date (settlement for large oil trades, central bank reserve asset settlement, etc.) has been its lack of relative liquidity.
“The market isn’t liquid enough for that. One of these trades would move the market too much.”
As we approach $10T, $20T, $50T and beyond these arguments against Bitcoin become much harder to make and past naysayers will be forced to recognize bitcoin’s ability to facilitate this type of trade. It will eventually get used in these larger transactions and beget more liquidity.
Victory.