from my perspective that fund is doing a great job selling a product to capital allocaters/investors in predominantly western markets by presenting the valuable opportunity bitcoin offers to busting sanctions -- steering them to acquire more bitcoin or buying their fund.
said another way, their report presents the staggering growth of bitcoin. an indication that some russia/china oil trade settles in Bitcoin fits that narrative well.
someone in china sending sats for oil ultimately doesnt help chinese acquire more bitcoin or keep more of it -- even if directed by the state.
whether or not theres a grand strategy by the chinese state to get on the bitcoin leaderboard, i havent a clue. game theory says it'll happen eventually, but right now?
🤷
Nyoro~n
npub1zw…pqlfd
2025-04-13 18:55:50
in reply to nevent1q…gy4c
Author Public Key
npub1zwyrus8vrvv5pfj4lfmk44wnxajk56rk0959nqugzj9ewljk258sxpqlfdPublished at
2025-04-13 18:55:50Event JSON
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"content": "from my perspective that fund is doing a great job selling a product to capital allocaters/investors in predominantly western markets by presenting the valuable opportunity bitcoin offers to busting sanctions -- steering them to acquire more bitcoin or buying their fund. \n\nsaid another way, their report presents the staggering growth of bitcoin. an indication that some russia/china oil trade settles in Bitcoin fits that narrative well.\n\nsomeone in china sending sats for oil ultimately doesnt help chinese acquire more bitcoin or keep more of it -- even if directed by the state. \n\nwhether or not theres a grand strategy by the chinese state to get on the bitcoin leaderboard, i havent a clue. game theory says it'll happen eventually, but right now? \n\n🤷",
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