worshipbitcoin on Nostr: GM nostriches! ๐โ๐๐งก #coffeechain #plebchain #grownostr Maybe unpopular ...
GM nostriches! ๐โ๐๐งก #coffeechain #plebchain #grownostr
Maybe unpopular take:
Collectively #Bitcoin plebs & HODLers are doing the same thing as Binance does with BNB, FTX did with FTT and the diamond cartel does with diamonds.
We are increasing the illiquid supply to inflate the total market cap.
Ultimately I think liquidity is what gives Bitcoin value, and for hyberbitcoinization to take place that needs to go up a lot.
Just some thoughts as we are heading into the halving and possible squeeze of the price (partly as a function of illiquidity).
Published at
2023-09-13 06:38:26Event JSON
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"content": "GM nostriches! ๐โ๐๐งก #coffeechain #plebchain #grownostr\n\nMaybe unpopular take:\n\nCollectively #Bitcoin plebs \u0026 HODLers are doing the same thing as Binance does with BNB, FTX did with FTT and the diamond cartel does with diamonds.\n\nWe are increasing the illiquid supply to inflate the total market cap.\n\nUltimately I think liquidity is what gives Bitcoin value, and for hyberbitcoinization to take place that needs to go up a lot.\n\nJust some thoughts as we are heading into the halving and possible squeeze of the price (partly as a function of illiquidity).",
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