In dummsty, every point made falls back to the usual volatility tricks (liquidity and volatility are inverse in relationship).
Regarding the second assertion made regarding the analogy to gold and the distortions created by "fake derivative market", a refutation to this easily be demonstrated in the block chain. If you don't settle on-chain, you don't own the bitcoin. All the ETFs are supposed to be backed 100% by on-chain bitcoins.
The more liquidity enters into bitcoin, the more resilient it will become to the only slippery slope it has: volatility.
As they say, volatility is the price we pay.
aivii
npub1md…n6hx3
2024-07-17 13:23:19
in reply to nevent1q…0lew
Author Public Key
npub1md2q6fexrtmd5hx9gw2p5640vg662sjlpxyz3tdmu4j4g8hhkm6scn6hx3Published at
2024-07-17 13:23:19Event JSON
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"content": "In dummsty, every point made falls back to the usual volatility tricks (liquidity and volatility are inverse in relationship). \n\nRegarding the second assertion made regarding the analogy to gold and the distortions created by \"fake derivative market\", a refutation to this easily be demonstrated in the block chain. If you don't settle on-chain, you don't own the bitcoin. All the ETFs are supposed to be backed 100% by on-chain bitcoins. \n\nThe more liquidity enters into bitcoin, the more resilient it will become to the only slippery slope it has: volatility. \n\nAs they say, volatility is the price we pay. \n ",
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