bitbybit on Nostr: Another way to view this is FI managers are willing to pay a 2x premium on #Bitcoin ...
Another way to view this is FI managers are willing to pay a 2x premium on #Bitcoin to get assets out of the Tradfi system. Every dollar that buys MSTR over 1x Nav allows a dollar of stuck FI money to get out.
Literally the exit liquidity for the bond holders, by design. Retail always loses.
Published at
2024-12-23 02:57:07Event JSON
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"content": "Another way to view this is FI managers are willing to pay a 2x premium on #Bitcoin to get assets out of the Tradfi system. Every dollar that buys MSTR over 1x Nav allows a dollar of stuck FI money to get out.\n\nLiterally the exit liquidity for the bond holders, by design. Retail always loses.",
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