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188 sats \ 4 replies \ @denlillaapan OP 9h \ parent \ on: Twenty One Capital: You Can Just Do Things (Bloomberg, Matt Levine) econ
I think they are? that's the financial engineering they're engaged in, no
(just limits to arbitrage etc kicking in)
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141 sats \ 2 replies \ @Undisciplined 8h
Is it just literally the time required to make the required financial moves?
The assertion is that a 3x is just sitting around staring everyone in their stupid faces, while we fail to capitalize on it.
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32 sats \ 1 reply \ @denlillaapan OP 8h
Yes.
Again, plenty of trapped capital in fiatland and limits to redemption and shorting. Makes some semblance od sense to me
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0 sats \ 0 replies \ @Undisciplined 8h
Ok, it makes some sense to me too.
What does this do for your bearish thoughts on bitcoin price?
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0 sats \ 0 replies \ @crenshaw 3h
All these just seem like levered long Bitcoin ETFs. I don't see how this ends well
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