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BitcoinPierre
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Hyperbitcoinization is just
gravity
.
Ansvarsfriskrivning: Inkluderar åsikter från tredje part. Ingen ekonomisk rådgivning. Kan innehålla sponsrat innehåll.
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BitcoinPierre
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Gold coin is 2,600 years old. Bitcoin is 16 years old.
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The bulk of future bitcoin treasury company leverage is more likely to be in retail equity investor margin + derivatives than actually inside the companies. Meaning that liquidations would cause forced selling of equity, not of BTC. This would be a structural change from the past where leverage was on BTC directly, equities would be a shock absorber and dampen BTC volatility. Current consensus narrative is the opposite.
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Given yesterday’s performance, the probability of BTC ever going back below $100k has decreased.
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The bitcoin price is volatile. The bitcoin system is stable.
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If you think Bitcoin Treasury Companies are over-leveraged, you really should take a look at the US Treasury.
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