Damus
Open in Damus
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Samvega
@Samvega
npub1ql74cgjyvj39hlzzdd32kgqmskgyxcvw0vhxrep2eckg4na8e0ysmncgwmnpub
[email protected]lnurl
Relays (9)
  • wss://relay.primal.net/ – read & write
  • wss://relay.nostr.band/ – read & write
  • wss://feeds.nostr.band/lang/en – read & write
  • wss://relayb.uid.ovh/ – read & write
  • wss://relay.nostr.watch/ – read & write
  • wss://kiwibuilders.nostr21.net/ – read & write
  • wss://eden.nostr.land/ – read & write
  • wss://relay.damus.io/ – read
  • wss://premium.primal.net/ – read

Recent Notes

note1khwpn...
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Samvega @Samvega
True. And once you see it, you can't unsee it. It's brilliant. He's figured out how to serve Bitcoin by being a conduit to it's black hole nature. He's the tradfi Pied Piper of Bitcoin, rapidly bringing locked up pools of fiat capital (fixed income) into Bitcoin that otherwise could not get into it due to charters and/or regulations. A genius approach that moves the Bitcoin timeline forward much faster. Accelerate.
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Given that there's only been one day of IBIT outflows to date, it seems to me that the following is basically what is happening with the shares of IBIT (as opposed to the actual Bitcoin). I'd be curious to hear what others think about this.

Samvega @Samvega · 111w
Hey nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z Since Bitcoin ETFs are cash-based, can an AP set up an agreement with someone to sell them outflow Bitcoin so that someone can build a BIG position without moving the market? Maybe even the ETF issuer o Show more
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Inside each of us, there is a consistent battle between the high time preference clown and the wise sage of low time preference.

What we put our attention on grows.

Feed the sage within and watch your low time preference grow.
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Hey @preston

Since Bitcoin ETFs are cash-based, can an AP set up an agreement with someone to sell them outflow Bitcoin so that someone can build a BIG position without moving the market? Maybe even the ETF issuer or the AP themselves (ie Blackrock or JPMorgan)?

If this is allowed, then perhaps this is even the reason why the ETFs aren't going to be in-kind (initially)? Or maybe I'm just being paranoid? 🤷‍♂️
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