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22 sats \ 0 replies \ @DiedOnTitan 15 Jan \ on: We need to drain OTC desks. They are turning BTC into paper bitcoin_beginners
Agreed. Important yet difficult. Someone in my family said they plan to sell their bitcoin, currently stored in a shitcoin hot wallet, and buy the ETF. Definitely a cringe moment, and under the particular circumstances, I had to bite my tongue.
We are still in the early protocol gluing phase, yet Bitcoin is the only asset that has a remote chance of becoming Global Base Money™. I just don't see how the USD will maintain their unique position (reserve currency).