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yan · 93w
Rereading nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu 's excellent expose on the Petrodollar recently and thinking: what would it seem like, if it seemed like (h/t nostr:npub...
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StackSats.IO @stacksatsio
In the medium term it would also really help the US Government to have a pathway to pegging to Bitcoin, especially if Fort Knox doesn’t have the gold they claim it does and BRICS does properly bifurcate world trade with a gold-backed currency. Luke Gromen explainer in this note:

How would they do that? Well how does some gigantic ETF honeypots that could easily be 6102ed sound?

StackSats.IO @stacksatsio · 99w
Replying to @Michael
The ETFs were inevitable. Wall Street are the epitome of “in it for themselves” and it became too clear that there was huge money to be made here so they wanted in, and they always get what they want. From Bitcoins perspective, think of the ETFs as a way to more efficiently Show more
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Luxas · 92w
The Gold is gone.
hh · 92w
We're just six months away from what I am convinced is THE singularity for bitcoin: Jan 1, 2025, the date where the BIS regulation kicks in allowing central banks to put up to 2% of their reserves in crypto (technically BTC but likely other stuff like ETH too).