P2P Bitcoin will eventually trade at a premium much higher than the Official Paper Quoted Market
Idk how long it's going to take to get people to realize this but it going to happen
It's going to mirror what already happens with official and unofficial currency exchanges in different countries
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The metals market has worked like this for a long time. I think it's ultimately a result of a failed fiat derivative market. Leveraged paper futures obscure the true market.