What happens when traditional finance own a majority of Bitcoin?
1 min read
About 2 percent of total Bitcoin is now tied up in spot ETFs.
What would become of long-term price trajectory when they own 30-40 percent of all BTC?
Does it reach its ceiling from thereon out? Retail money will be too small to make a dent in prices at that point in relative terms. Because it doesn’t seem as if institutional investors like Blackrock, the banks and other corporations are stopping anytime soon.
Only a nation of diamond hands can prevent this from happening imo. Force them to borrow it or work with them to recognize it as accepted collateral.
Does Bitcoin continue shooting to the moon forever? There is also the rest of crypto to consider.
submitted by /u/ForPOTUS
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