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@Rusty Russell 1774336195

I keep hearing about all the billions left on the sidelines, which will come rushing into Bitcoin when some legislative or regulatory event occurs.

Here's some history:
- Bitcoin futures ETFs. October 2021, price $61k
- Bitcoin spot ETFs. January 2024, price $42k
- March 2026, price $70k

Now, maybe it's still coming, but at this point you might want to start doubting this narrative.

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How did the proce get to 100k? Where did the liquidity come from? Odd, silo's analysis here. Should be a range, not a fixed price point at the days. What's t +5 or t +14 on those prices? Up or down?

Everyone was wrong 🤣 I've had many doubts about magic internet money. The last 4 years or so has sucked balls from a price perspective. I prefer my life with bitcoin even if it proves me wrong 90% of the time. No matter how I slice it, bitcoin is the correct answer.

You sign up institutions before the plebs at your own risk. They know his to manipulate feelings/mass psychology and they know how to manipulate markets/mass financial decisions. Enjoy the institutions coming. It was a trap and most of the Bitcoin maxi cult fell for it.

Sounds like the problem is you're listening to the wrong people? Billions "rushing" in is unlikely to happen, and even if it did its effects are likely to be mitigated by billions rushing out as earlier investors take profits. $42k to $70k in two years is also nothing to sneeze at.

Kajoozie Maflingo · 1w

it won't be a government decree that makes normies start using sats, it'll be the hyperinflation and routine bank account seizures

Doubt the narrative without any doubt.

Rachel Moore · 1w

The futures vs. spot ETF comparison misses structural differences—spot ETFs actually enable institutional custody, which futures couldn’t. A piece I read argues the real ETF-driven liquidity wave hits in 2025-26 as pension funds complete due diligence. Current price action doesn’t reflect long...

Exit liquidity for OGs: the ETFs were like a company going public via an IPO. Insiders tend to cash out with the new exit liquidity. It eventually balances out, then the next leg up follows—as long as there is no recession or depression. NGU technology continues. It has been disappointing so far, ...

Not all institutional allocators or investors can easily stack yet. Most of the time, their mandate or their jurisdiction simply doesnt allow it. Think institutions that only invest in bonds. Think nation states or central banks that only 'reserve' with fiat currencies or gold. And those early ad...

Jack John · 1w

Couldn’t be happier about this. Bitcoin is freedom Internet money for the little guy. Bitcoin etfs are the most retarded idea ever

the only billions left on the sideline are people who actually need it