Posted on 03/04/2024 2:38:19 PM PST by xoxox
My current grasp at trying to figure where we are is that this sort of thing is just incidental to the big push in Bitcoin — by “big push” I mean the “mainstreaming” of it by Blackrock and earlier by CME. They are creating a market, because that is what they do. Why they do it is the question — I certainly don’t think it’s to get the vig. I think they’re cashing out an elephant.
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