51 sats \ 4 replies \ @Undisciplined OP 24 Jun \ parent \ on: Mt Gox Dump Coming? bitcoin
Crypto is just a bucket for them.
good point
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63 sats \ 3 replies \ @grayruby 24 Jun
Even if they only allocate 20% to eth which seems about right because eth products usually do about 1/5th the AUM as bitcoin products. That is still another half a billion in outflows.
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71 sats \ 2 replies \ @Undisciplined OP 24 Jun
You should also factor in the possibility of the Biden regime getting really draconian towards bitcoiners. Lots of bitcoin donations are flowing into the Trump campaign and I think that makes us more of a target.
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90 sats \ 1 reply \ @grayruby 24 Jun freebie
Maybe but I think they have lightened their stance on "crypto" because they know it is a losing issue. No one is a single issue anti-crypto voter but there are a lot of single issue crypto voters. I don't think it is as large a pool as the coinbases of the world like to purport but they obviously got spooked or the eth etf wouldn't never have gotten approved. Odds were at 15% and then suddenly Trump is coming out saying I will protect your bitcoin and crypto and a couple days later the etf is approved.
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61 sats \ 0 replies \ @Undisciplined OP 24 Jun
Maybe so, but they started backing off before Trump started drawing lots of political donations in bitcoin.
I wouldn't underestimate how vindictive they can be. We would not be a difficult group to demonize, if they set their minds to it.
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