“So then, the (21M) cap is irrelevant when Jane Street can fabricate unlimited synthetic supply through undisclosed derivatives stacked on top of its own ETF inventory.”
Now we know the answer to...
It's not that you have not been warned.
With Monero we figured that effective means of (naked) shorting have been applied to Monero through CEX.
Monero was the only coin out of millions of literal shitcoins that heavily underperformed in the last cycle.
The analysis showed that CEX were using fractional reserves and the community started to pressure exchanges (Monerorun) which resulted in weeks to years of halted withdrawals in almost all CEX.
Now Bitcoiners instead of listening to our voices went full steam ahead embracing with open hearts the financalization of BTC through ETFs and other derivatives solely possible on custodial platforms aka not your keys not your coins trust me bro corporate slopshit.
You reap what you sow. I wish Bitcoiners would have listened but fiat NGU muddied too many brains even proud of shitting on Monero's underperformance.
With Monero we figured that effective means of (naked) shorting have been applied to Monero through CEX.
Monero was the only coin out of millions of literal shitcoins that heavily underperformed in the last cycle.
The analysis showed that CEX were using fractional reserves and the community started to pressure exchanges (Monerorun) which resulted in weeks to years of halted withdrawals in almost all CEX.
Now Bitcoiners instead of listening to our voices went full steam ahead embracing with open hearts the financalization of BTC through ETFs and other derivatives solely possible on custodial platforms aka not your keys not your coins trust me bro corporate slopshit.
You reap what you sow. I wish Bitcoiners would have listened but fiat NGU muddied too many brains even proud of shitting on Monero's underperformance.
31❤1💯1🤙1
