And how much bitcoin do they own? There is money and there is money.
One source states "Around 8% of all the Bitcoin in the world is owned by governments and companies."
The hardcore, anti-establishment bitcoin army is not going to give up their BTC easily and there is little bitcoin left to scoop up (whatever is being traded on CEXes + what's left to be mined).
BlackRock by paving the way to institutional adoption and pumping the price will shift the balance of power towards the aforementioned bitcoiners and away from itself.
Space Hodler /
npub1pq…x4ynz
2023-06-21 20:11:55
in reply to nevent1q…9um5
Author Public Key
npub1pq6kp64faq8h75mzhw5ncaeelppjgc2u9l8yzx6fr8fektxg2a7qax4ynzPublished at
2023-06-21 20:11:55Event JSON
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"content": "And how much bitcoin do they own? There is money and there is money.\n\nOne source states \"Around 8% of all the Bitcoin in the world is owned by governments and companies.\"\n\nThe hardcore, anti-establishment bitcoin army is not going to give up their BTC easily and there is little bitcoin left to scoop up (whatever is being traded on CEXes + what's left to be mined).\nBlackRock by paving the way to institutional adoption and pumping the price will shift the balance of power towards the aforementioned bitcoiners and away from itself.",
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