BottleTeams's avatar
BottleTeams 1 year ago
Why would I trade it for goods and services when I just use fiat for that? The point is the wave of money going into MSTR or bitcoin ETFs is money that can never exit the system. It's permanently stuck and will never exit; it evaporates. Like all other hyperinflation in the past.

Replies (1)

That’s you. Other people are all in and need to sell when merchants don’t accept Bitcoin. That’s not true. Anyone can sell shares of MSTR or IBIT and buy Bitcoin with the proceeds. It’s likely ETFs will allow for in-kind redemption in the future. Stop listening to the orange pillers; you’ll thank me later.