Hmmm

Half of all Bitcoin was mined in the first 4 years, so this trend could be anticipated. But ouch, those are big numbers.

It would be very interesting to know what those individuals did with the proceeds of the sales

Technically the ETFs are owned by individuals I guess. ..

I believe you once said that if you're going to part with your Bitcoin, "Make those fuckers pay." Those fuckers are not paying nearly enough right now.

Grim

There is an upside to this. This is adoption. The mental models of those groups composing the place where self-custody coins are flowing to are based on a monetary system with extreme, if not virtually infinite, elasticity. They will degen gamble their way to bitcoin poverty very quickly compared t...

Crazy

I am not individuals.

I know several Bitcoiners who either lost their stack or scary-close to losing their stack cos they took out loans using their stack as collateral. Retirees in particular are being encouraged to - don’t sell your stack, borrow against it for your living costs- as the only option. I’m open to s...

Some early stackers bought their chairs back

Hilarious if true, some people are just stupid, ignorant or just uneducated...

Corporations can take my Bitcoin out of my cold dead hands! Oh wait, they can't!

This is why we can't have nice things. 😩

Spaghetti hands...

Sad story

Why is this bad? Had it been the other way around, it would mean that institutions was selling, and at a high price to individuals. I mean, isn't this what you wanted? Institutions/governments has to buy from someone. Obviously individuals with a lot of corn. I don't think it's the plebs selling. ...

lolz0r

It’s not as bad as you may think. It’s because individuals are the only pool of owners with so much of the supply to be ABLE to provide liquidity to businesses, funds, and govts. nostr:nevent1qqsqha0g96grfkamnw4mlv4zl32cqwgaz22haysd3pg3vpnhl9rh4gct24uh8

Doesn’t appear to be as bad as you think. The bitcoins had to come from somewhere—it’s not like they can just print more of it. Prior to institutional/business/government ownership increases, individuals were the primary holders. That said, I think the bigger concern has to do with “who...

That's why #monero #xmr

It's the silent depression. People are broke.