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bitbybit / BottleTeams
npub18cx…qz89
2024-11-20 17:02:29
in reply to nevent1q…e3md

bitbybit on Nostr: How will a market maker (who you purchase sats from) be able to make a market in ...

How will a market maker (who you purchase sats from) be able to make a market in bitcoin bids and asks if there is nothing to price/arbitrage bitcoin against?

Right now bitcoin is priced against ETH. That's why ETH exists that's why ETH was created and that's why Bitcoin has a market price. ETHs whole purpose and creation is to keep the BTC market liquid. That's ending.
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npub18cxqklkp83g2fv9mk7kgkag0lz4s7yacpk8ljm3sfx0agrx6320qruqz89