I agree. It seems to be the perfect trap: they make the BTC price to moon, most BTC owners, including many HODLers, sell a big part of it, and Wall Street ends up owning 85% of all Bitcoin's supply.
You are viewing a single comment's thread from:
I agree. It seems to be the perfect trap: they make the BTC price to moon, most BTC owners, including many HODLers, sell a big part of it, and Wall Street ends up owning 85% of all Bitcoin's supply.
Dont even need to own it. The fact that they will be custodians of the $BTC gives them control.
True! I saw someone formulate the hypothesis that such a situation would create a similar landscape as with gold in the U.S. in the 1930's: the Federal State could seize that huge portion of BTC, from the ETF's. Is it a risk?