brock on Nostr: The US proposed reserve is ~20k bitcoin/month alone. Let’s double that for all ...
The US proposed reserve is ~20k bitcoin/month alone. Let’s double that for all other entities mentioned. So 40k bitcoin/month demand. Also, important to note that these purchases are locked in for more than 4 years…
Current block reward distribution is 13,500 bitcoin/month.
How long until we get the mother of all supply shocks? At a structural level, not at a retail whimsical level.
It’s a flywheel…as NGU, more legitimacy, more buyers, more conviction, NGU. The difference this time is that on January 21st the most credit worthy buyer IN THE WORLD is going to start stacking. If that’s not a signal to everyone else in the world that they should stack too, I don’t know what will be…
Current block reward distribution is 13,500 bitcoin/month.
How long until we get the mother of all supply shocks? At a structural level, not at a retail whimsical level.
It’s a flywheel…as NGU, more legitimacy, more buyers, more conviction, NGU. The difference this time is that on January 21st the most credit worthy buyer IN THE WORLD is going to start stacking. If that’s not a signal to everyone else in the world that they should stack too, I don’t know what will be…