pull down to refresh

0 sats \ 0 replies \ @cryptofolyo OP 25 Jan 2024 \ on: Saylor explains - Why Bitcoin 5 million in short span of time bitcoin
  1. Someone in tradfi can easily buy bitcoin ETF for a 100 million dollar and there are around 56 million millionaires
  2. Banks can custody Bitcoin ETF and lend money on that collateral
  3. Bitcoin ETF can be marked up and down on the balance sheet to reflect on the share valuation of a company. Again Banks can give more liquidity
  • Banks can diversify their risk on holding other riskier assets like US treasury bonds by holding Bitcoin ETF
write
preview