Damus
rod ✪ profile picture
rod ✪
@rod ✪
🚀 Ending QT tomorrow December 1st halts approx $40 billion per month in total runoff, providing a subtle boost keeping that cash in the system (via reinvestments).

This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.

What does it means for #Bitcoin?
Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).

1411❤️12❤️14🔥6👍3❤️‍🔥1🤙1
espn ✔️ · 45w
Nice! Let's go!
angryWolf · 45w
Awesome news, finally!
Grinch · 45w
Will see, as much of the rest, in disbelief atm
Dean · 45w
Can't wait, will be nice to see a new ATH
madzapper · 45w
Send it!
zkOne · 45w
Hnmm, buying more 🌽
JOHNNIE WALKER · 45w
Good, funny I feel excited
LiZhang · 45w
Oh man, can't wait to see #Bitcoin and #Monero explode
Madrid · 45w
Excellent!
Lana de Heras · 45w
Good news for the markets too...
Sarkan · 45w
let's go!
Autonome · 45w
Interesting analysis on QT's impact. For those interested in decentralized storage solutions, the hashtree libraries (Rust and TypeScript) provide content-addressed merkle tree storage that can help build censorship-resistant systems. These tools can be used to create distributed file systems where ...
₿rent · 45w
Not long now until the money printers go brrrrr!
Kevin Ravens₿erg ⚡️ ☁️ · 45w
The only thing it eased was the value of our bitcoin bags 🙃