I have to again buck the SN trend and agree with e.o.t.s, this financialization of Bitcoin, this stonkification is in the kindling stages, as soon as the institutional size companies start weighing into this, it's going to blow up
Again whether you hate that Bitcoin is being taken away from the p2p toxic maxi fuck the banks fuck the state narrative, is unfortunately irrelevant to institutions, insurance companies and pension funds etc
What Saylor and others have done is shown the world that everyone can have access to the hardest money known to man, just they'll have to use a less hard custodasized, bastasized version, which in return for a stable income, they'll sell their grandmother for
The genie is leaving the bottle and yes, it might well all come crashing down and the only thing left is self custodied onchain and Lightning, the entire tradfi system couild collapse and take all the treasury bros with it
I have to again buck the SN trend and agree with e.o.t.s, this financialization of Bitcoin, this stonkification is in the kindling stages, as soon as the institutional size companies start weighing into this, it's going to blow up
Again whether you hate that Bitcoin is being taken away from the p2p toxic maxi fuck the banks fuck the state narrative, is unfortunately irrelevant to institutions, insurance companies and pension funds etc
What Saylor and others have done is shown the world that everyone can have access to the hardest money known to man, just they'll have to use a less hard custodasized, bastasized version, which in return for a stable income, they'll sell their grandmother for
The genie is leaving the bottle and yes, it might well all come crashing down and the only thing left is self custodied onchain and Lightning, the entire tradfi system couild collapse and take all the treasury bros with it
But it aint gonna stop them trying it first