All the Wall Street custodial stuff is soooo gay but it was (imho) inevitable. I’m just happy it has no impact on fundamentals and my ability to self custody. Tradfi as always GFY
but it does affect fundamentals.
we're about 20m coins mined, 4m lost allegedly, so 16m in circulation.
Blackrock and Strategy own 1.6m between them so thats 10% out of circulation for the medium term at least.
if you let them lock it up then they control the price and supply. then BTC fails.
we're about 20m coins mined, 4m lost allegedly, so 16m in circulation.
Blackrock and Strategy own 1.6m between them so thats 10% out of circulation for the medium term at least.
if you let them lock it up then they control the price and supply. then BTC fails.
