BTC Hodler on Nostr: ANALYSIS: All of the sudden, US financial companies are chasing a #Bitcoin #ETF ...

ANALYSIS: All of the sudden, US financial companies are chasing a #Bitcoin #ETF —-but the question is “why now?” I am proposing it is a defensive move. The #BRICS nations are joining forces and countries beyond the BRICS acronym are eagerly jumping in as well. They desire to decouple from the USDollar as the global currency by building a precious metals backed currency. And they are gaining traction. I believe, the US financial institutions see this as an existential threat to the #USD as well as their own company strength. Knowing one is in a losing battle, panic sets in, the unthinkable becomes the thinkable. They are forced to rally towards #BTC. All of the sudden, that dark web drug money, the one with “nothing backing it”, looks like a life raft on the Titanic. The first key lesson in battle is —- always survive and that is exactly what these US financial companies are trying to do — and probably in concert and alignment with the Federal Reserve and the USTreasury. Whether the cry is: All aboard” or “abandon ship” —- it results in the same action. #grownostr.