Do we know the approximate amount of bitcoin that need to be withdrawn from exchanges to cause a sats squeeze?
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I’ve been thinking the same thing recently
nostr:nprofile1qqs87w6xfw0lxc3kxpy9qcxtmga80yqnr3fnnfuq800gl6me5hsmq6spvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33xp6kzdtkdf6kcdmyxde8van6vue8qumkdp4nxdnhxanhq7pc0fhrs7rwvdchwdehxdkrg6rwvcc8q6msx3ckxcmed44xw0mzwfhkzerrv9ehg0t5wf6k2qgewaehxw309ac82unpwe5kgcfwdehhxarj9ekxzmnyxkxfun per my text over the weekend how can we coordinate squeezing the rent seekers that are currently manipulating the fiat exchange rate?
1m plebs buying $100 at the same time every week and withdrawing to self custody should do it in short order. Just need to find 1m plebs with $100 every week ha
It needs to be almost memed into existence. We need someone with a large following to come up with the number and get it going