Farley on Nostr: James doesn’t believe ETFs, derivatives, and futures distort Bitcoin’s fiat ...

https://youtu.be/sNPLSzxcRzY?si=3ts6-2eYeCbJK8y_

James doesn’t believe ETFs, derivatives, and futures distort Bitcoin’s fiat price? Seriously?

Let’s break it down:

ETFs: Hoard paper BTC, creating artificial demand without touching the real asset.

Futures: Allow whales to short with infinite fiat leverage (see: CME gaps, quarterly “max pain” games).

Derivatives: Turn Bitcoin into a casino where the house (Wall St.) always rigs the game.

The result? A wildly manipulated spot price—one that rewards paper traders, not hodlers.

Question for James: If gold—a physical, centuries-old asset—gets crushed by paper manipulation, why would Bitcoin (young, digital, and more volatile) be immune?

Hint: It’s not. The data’s right there. The only question is who benefits from pretending otherwise. 😏