The beauty of Monero's delisting in CEX is that they gave up their usual mean of control: fractional reserved financial institutions they control to manipulate money supply as needed in accordance with market cycles. They perfectly played this card in the last crypto bull market where almost all coins including the shittiest ones reached new ATH while they starved off Monero from real demand turning it into paper claims without backing.
They are used to rig the game in their favour. And BTC will likely see the downsides of being tightly integrated into TradFi in the coming years.
npub1ah…cl76e
2024-05-17 11:18:30
in reply to nevent1q…nyjm
Author Public Key
npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76ePublished at
2024-05-17 11:18:30Event JSON
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"content": "The beauty of Monero's delisting in CEX is that they gave up their usual mean of control: fractional reserved financial institutions they control to manipulate money supply as needed in accordance with market cycles. They perfectly played this card in the last crypto bull market where almost all coins including the shittiest ones reached new ATH while they starved off Monero from real demand turning it into paper claims without backing.\n\nThey are used to rig the game in their favour. And BTC will likely see the downsides of being tightly integrated into TradFi in the coming years.",
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