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Very glad to hear from you and welcome to the hodler's club :D Take care and have a nice weekend, as well

Hey, how you doing? You haven't posted in a while, I hope you're doing well -------- I've been busy the past 2 weeks... Life has been crazy good. Many thanks to God I have not made any changes on my btc perp futures position and currently have no plans to change anything

Ask the SEC

I've done staking plenty of times. I've used lending & borrow crypto markets platforms many times That's not what you described with your post and formula Risk free interest rate above 5% Blackrock lends bitcoins to Bluerock for 8% APR + collateral Bluerock lends bitcoins to Orangreock for...

You didn't think your formula and calculation through. Typical fluff, no substance There was no increase in supply, you may believe that, but the only thing that increased are counterparty risks to the same original amount of bitcoins Only idiots would try to rationalize greenrock, bluerock...

Bitcoin is highly correlated to the stock market.... until it's not

I bought more mpx and ftm High risk high reward due to higher beta against btc

Prolly nothing... Powell said: “Crypto appears to have staying power as an asset class.”

Bitcoin is a scarce digital asset with inelastic supply Even if bitcoin price goes to $1M each tomorrow, there will not be more bitcoins available anywhere, not even the miners can mine more than 900 bitcoins even if they try harder In Securities Lending they have elastic supply and...

Great call SemperF! I remember this a few days ago, with all of the US regs fud. Life comes at you fast in the Bitcoin world

You didn't think that whole process, did you? That is the most fucking bullish scenario for bitcoin price All those borrows did not put a single down price pressure on bitcoin. Not a single $ down pressure on btc What it did do is create 10x short position on Blackrock bitcoins A $10k price...

I think you have some things mixed up with the fractional banking system. Not quite like that. ETJ's post is more in-line with securities lending Let's examine the players Who are the buyers of Blackrock paper bitcoins? The ETF buyers If Blackrock ETF sold the equivalent of 1M bitcoins, they...

It won't be that bad Rehypothecation BlockFi, Celsius, Voyager and the biggest player was Genesis (DCG), they all blew up because of duration mismatch, the depositors of the bitcoins wanted to withdraw to their local wallets Blackrock won't have this problem since they are selling paper...

Blackrock is 570+ ETF application approval versus 1 rejection Blackrock is g0vernment approved or is it that g0vernment is approved by Blackrock? This is the business of Wall Street. Prime brokers. Lend out the assets, to wall street traders to short in the markets, get paid the yields...

Prolly nothing... https://www.coindesk.com/business/2023/06/20/deutsche-bank-applies-for-digital-asset-license-in-germany-as-tradfi-pushes-further-into-crypto/ Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto The banking giant announced plans to...

https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/ Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors EDX Markets has a different business model than other crypto exchanges, which regulators...