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5 sats \ 2 replies \ @2big2fail 13 Nov 2022 \ parent \ on: FTX held less than 2 BTC 🤯 !! …Good news for Bitcoin sell pressure? bitcoin
at the moment of withdrawal they would buy bitcoin and send it to you.
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20 sats \ 1 reply \ @SatoshiNakanodo OP 14 Nov 2022
Ah, this just dawned on me… Paper bitcoin keeps the price of actual Bitcoin suppressed. It’s also probably why the feds approved bitcoin futures but not an ETF. It’s like an escape valve on the escape valve.
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0 sats \ 0 replies \ @siggy47 14 Nov 2022
You should check out Willy Woo's twitter thread take on "paper" bitcoin: https://twitter.com/woonomic/status/1571062841595269120?t=VWb45fnx72cBlHVYPEKJwA&s=19
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