Honestly, I don't know. The only way to 'solve' the problem is by shaking out the weak hands. Naked short sellers need to get rekt. When that short seller is Blackrock, how many dirty tricks do they have up their sleeves to avoid getting rekt? It's gonna get real ugly. The bitcoin price will be manipulated. People selling real bitcoin will get a watered down USD price thanks to uncle Larry's shenanigans.
As we move from a dollar standard to a bitcoin standard the ETF arrangements will become more and more onerous. Eventually the USD will fail and then everything changes. Impossible to make predictions about what happens after the chaos starts. It will be a disorderly dismantling of the existing system and a mad rush to safety.
I sincerely hope Blackrock does not survive the transition but my inner cynic knows they probably will.
vnprc
npub16v…umhgd
2024-05-17 15:23:47
in reply to nevent1q…x7mn
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgdPublished at
2024-05-17 15:23:47Event JSON
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