Is it? Monetary gains are nice but fixing the money is nicer. We "just" have to adjust our timeframe.
Even the BIS says we are winning.
FLASH
โก๏ธ๐จ NEW - The Bank for International Settlements (BIS) has published a report indicating that cryptocurrencies and DeFi have reached "critical mass" and are beginning to represent potential risks to the traditional financial system.
According to the report, the gap between rich and poor could widen even further.
BIS recommends putting the spotlight on DeFi, which includes KYC, information disclosure and other compliance frameworks.
Hmmm probably less fake Bitcoin than previous cycle with SBF and his shitcoin casino.
The CME derivatives volumes are pathetic and still lag Deribit for options and any other Crypto exchange for futures.
The IBIT options have picked up some OK turnover but those are physically settled in a spot ETF, so should technically not be contributing to fake bitcoin like the futures based derivative flows.
Seems like there are just more sellers than buyers.
Might have to wait for Daddy Powell to get the Printer going again.