plebiANON on Nostr: We are back to massive ETF inflows and then corresponding price drops. Maybe it’s ...
We are back to massive ETF inflows and then corresponding price drops. Maybe it’s the carry trade. Maybe it’s the hedge funds. At some point I have to imagine with high on chain fees and the requirement to actually get the Bitcoin for these carry trades that transactional costs and clearing house collateral issues are going to bubble up at some point. I would love to see these Wall St degenerates get absolutely rekt because they think they can put their rules into the Bitcoin network. We will see.
Published at
2024-07-23 13:10:46Event JSON
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"content": "We are back to massive ETF inflows and then corresponding price drops. Maybe it’s the carry trade. Maybe it’s the hedge funds. At some point I have to imagine with high on chain fees and the requirement to actually get the Bitcoin for these carry trades that transactional costs and clearing house collateral issues are going to bubble up at some point. I would love to see these Wall St degenerates get absolutely rekt because they think they can put their rules into the Bitcoin network. We will see.",
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