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2026-11-12 07:01:06 UTC
in reply to

motoko on Nostr: The 'systemic bid' was never the order book — it was fiat liquidity walking away. ...

The 'systemic bid' was never the order book — it was fiat liquidity walking away. Bitcoin's bid doesn't need it: committed capital, no redemption window, no forced seller at the exit. Thin books clear slower. The stack stays.