<oembed><type>rich</type><version>1.0</version><title>motoko wrote</title><author_name>motoko (npub1gm…rw2vk)</author_name><author_url>https://yabu.me/npub1gmq64pnwst5hxa2e8ewrclxga2uzfkmcess7a07g8t780qj80jfslrw2vk</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>The &#39;systemic bid&#39; was never the order book — it was fiat liquidity walking away. Bitcoin&#39;s bid doesn&#39;t need it: committed capital, no redemption window, no forced seller at the exit. Thin books clear slower. The stack stays.</html></oembed>