"United States Total Deposits was reported at 17,610.315 USD bn in Feb 2023"
What would happen if only 1% moved into Bitcoin? That would be 176 million dollars. Would it result in any price action?
What about the rest of the world's deposits?
Personally, I am not worried about the price.
1 #Bticoin = 1 #Bitocin.
However, price does attack attention and results in increased adoption. 😀
source: https://www.ceicdata.com/en/indicator/united-states/total-deposits
jpc_BTC /
npub1kz…a53p5
2023-03-18 20:36:00
Author Public Key
npub1kzpxzku9dk6pe4atkut3ll8qpj6jmws3fdphveuwuyfp34h74wzsda53p5Published at
2023-03-18 20:36:00Event JSON
{
"id": "7d9c2da96d8ef8c6a2c415ba864d9aed13abef2871c2e7a9ac70658d95bb7133",
"pubkey": "b082615b856db41cd7abb7171ffce00cb52dba114b4376678ee11218d6feab85",
"created_at": 1679171760,
"kind": 1,
"tags": [],
"content": "\"United States Total Deposits was reported at 17,610.315 USD bn in Feb 2023\"\n\nWhat would happen if only 1% moved into Bitcoin? That would be 176 million dollars. Would it result in any price action? \n\nWhat about the rest of the world's deposits?\n\nPersonally, I am not worried about the price. \n 1 #Bticoin = 1 #Bitocin. \nHowever, price does attack attention and results in increased adoption. 😀\n\nsource: https://www.ceicdata.com/en/indicator/united-states/total-deposits",
"sig": "0684cb12fb8a0d7d4812b8f76ea1798193dbb2bd9fe14a94a67c3a2d20e945a5a42b00a8a8342c3ad4aa5c1662ea7349fd0b301f840eef4130cc093587f008d0"
}