I’m ready to join the fray but I’m weary of Coinbase. Where else do people trade BTC in somewhat sizable lots?
I’m also making an under-informed assumption that latest price action indicates that the Smart Money has finally decided to accept it as a SOV and begin the process of transferring SOV holdings from gold to BTC. This would be a multi year process so as to not upset XAU too much.
Terribly curious what others think of the general assumption that BTC becomes Gold 2.0 and gold returns to being an industrial commodity fundamentals driven price action, not a derivatives-driven hedge against currency fluctuations or whatever.
Submitted January 13, 2021 at 08:39PM by Timstertimster https://ift.tt/3bJ3HXz