gamestop could have bought billions of dollars worth of coin at ~$75k but hesitated 😂
https://blossom.primal.net/4c5e92126f316cbc61cf5f32f55fb79e9dcdbef2459cf379cbf1e37397771881.png
At this point, isn’t it an obvious bet?
The U.S. government is clearly trying to shift the Overton window, using stablecoins as a spearhead to export fiat debt. Nearly every major stablecoin issuer is heavily exposed to Bitcoin — which will eventually serve as collateral for Treasuries.
This is psychological adaptation arbitrage. Rationally, the snowball can't be stopped.
The U.S. government is clearly trying to shift the Overton window, using stablecoins as a spearhead to export fiat debt. Nearly every major stablecoin issuer is heavily exposed to Bitcoin — which will eventually serve as collateral for Treasuries.
This is psychological adaptation arbitrage. Rationally, the snowball can't be stopped.