Jeff Booth on Nostr: #Bitcoin is playing in big leagues now and the game is at a new level. How I suspect ...
#Bitcoin is playing in big leagues now and the game is at a new level.
How I suspect it plays out: An attempt to capture as much as #Bitcoin as possible including regulation to “try” to slow self custody of #Bitcoin (Warren et all) and leverage games on paper #Bitcoin to reduce price. (ETF’s)
Which “causes” more Bitcoiners aware of the manipulation and how the game is being played to use lower prices to buy and self custody more #Bitcoin (reducing supply)
Which at some point creates a short squeeze of MEGA proportions (maybe along with halving - maybe later ) that liquidates a major financial player. (Similar to FTX)
Money has become a monopoly because of the games that have been able to be played with others assets due to the centralization and control of those assets.
But Wall Street has never seen an asset like this. It is not gold and too many #Bitcoiners know how the game is played, meaning if you don’t play by the rules, eventually you will be caught short. (And no one is coming to save you)
Or as ODELL (npub1qny…95gx) says:
Stay humble and stack sats.
How I suspect it plays out: An attempt to capture as much as #Bitcoin as possible including regulation to “try” to slow self custody of #Bitcoin (Warren et all) and leverage games on paper #Bitcoin to reduce price. (ETF’s)
Which “causes” more Bitcoiners aware of the manipulation and how the game is being played to use lower prices to buy and self custody more #Bitcoin (reducing supply)
Which at some point creates a short squeeze of MEGA proportions (maybe along with halving - maybe later ) that liquidates a major financial player. (Similar to FTX)
Money has become a monopoly because of the games that have been able to be played with others assets due to the centralization and control of those assets.
But Wall Street has never seen an asset like this. It is not gold and too many #Bitcoiners know how the game is played, meaning if you don’t play by the rules, eventually you will be caught short. (And no one is coming to save you)
Or as ODELL (npub1qny…95gx) says:
Stay humble and stack sats.