Cale Granton (@calegranton) 's Twitter Profile
Cale Granton

@calegranton

DJ 💿

ID: 62094640

calendar_today01-08-2009 18:59:43

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Fred Krueger (@dotkrueger) 's Twitter Profile Photo

Very clear diagram of how ETFs are eating the entire financial world. We're not moving to a "Bitcoin Standard", we're moving to an "ETF Standard". Bitcoin is just there for the ride.

Fred Krueger (@dotkrueger) 's Twitter Profile Photo

The key word here is STANDARDIZATION. ETFs bring all financial assets into a single ultra-tax efficient, ultra low-fee standard. No other form of ownership can complete. Not mutual funds. Not closed end funds. Not CoinBase (in the case of Bitcoin). Not Hardware Wallets (agin

Fred Krueger (@dotkrueger) 's Twitter Profile Photo

Rockefeller demonstrating Standard Oil in 1870. 150 Years later, ETFs are "Standard Financial Products" This includes Bitcoin.

Rockefeller demonstrating Standard Oil in 1870. 
150 Years later, ETFs are "Standard Financial Products"
This includes Bitcoin.
Fred Krueger (@dotkrueger) 's Twitter Profile Photo

Bitcoin Price is likely to be much more Hyperbolic than Exponential in a Supply shock. The reason for this is that the exchanges tend to operate like constant product AMMs. As the supply of Bitcoin gets drained from exchanges, the price tends to infinity as x tends to zero

Bitcoin Price is likely to be much more Hyperbolic than Exponential in a Supply shock.

The reason for this is that the exchanges tend to operate like constant product AMMs. As the supply of Bitcoin gets drained from exchanges, the price tends to infinity as x tends to zero
Fred Krueger (@dotkrueger) 's Twitter Profile Photo

This idea of looking at the 80Billion of BTC and equivalent amount of USDT on exchanges came to me as vision yesterday. It allowed me to estimate a price of 186K BTC if 1MM BTC was drained over this cycle by IBIT and other ETFs. But it's also a reality: Bullish, for example has

This idea of looking at the 80Billion of BTC and equivalent amount of USDT on exchanges came to me as vision yesterday.

It allowed me to estimate a price of 186K BTC if 1MM BTC was drained over this cycle by IBIT and other ETFs.

But it's also a reality: Bullish, for example has
Armin van Buuren (@arminvanbuuren) 's Twitter Profile Photo

New music has arrived 👊 I teamed up with my friends from Germany Leony & VIZE to bring you ‘City Lights’ 🔥 Hope you enjoy it! avbvl.lnk.to/CityLights