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We had a bad bond
auction
today because everyone was busy buying $
BTC
.
#BTC
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$CRV & $CVX both up 10%+ 👀
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A scenario that I think about quite often... When the first Gold ETF went live in November 2004, it kicked off a global supply crunch. Gold then went on an 8-year bull run throughout the financial crisis. Spot $BTC ETFs only launched last year. However, they already control nearly as much of the supply flows as Bitcoin Miners... This isn't my base case for Bitcoin, but I'll gladly sign up for an 8-year bull run. Enjoy the Hopium!
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A scenario that I think about quite often... When the first Gold ETF went live in November 2004, it kicked off a global supply crunch. Gold then went on an 8-year bull run throughout the financial crisis. Spot $BTC ETFs last year, they are already nearly controlling more supply flows than Bitcoin Miners. This isn't my base case for Bitcoin, but I'll gladly sign up for an 8-year bull run. Enjoy the Hopium!
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The US owns more $BTC than any other country. The US Gold Reserves are larger than the next 3 countries combined. America has positioned itself for a landscape of fiat printing and global QE. They stand to benefit from pushing the global economy in that direction.
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I miss Tomb Forks and 1,000%+ Yields.
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