alexottabtc

Thursday 04/04: #Bitcoin  Spot ETF Flow Update of Wednesday 04/03, after 57 trading days: second consecutive day with GBTC outflow lower than $100m. The Nine Inflow: $189m GBTC Outflow: $75m Total Daily Net Inflow: $114m Grayscale outflow was the lowest since the 26th of February, and for the second consecutive day lower than $100m. It would be very interesting to monitor the last two trading days of the week to see if the downtrend is confirmed. On The Nine inflow, Blackrock is reached $117m, Fidelity $42m and Bitwise $23m.

Wednesday 03/27: #Bitcoin  Spot ETF Flow Update of Tuesday 03/26, after 52 trading days: back to a significant total net INFLOW! The Nine Inflow: $600m GBTC Outflow: $212m Total Daily Net Inflow: $418m Grayscale outflow still significant, but much less than yesterday. Hopefully it will have the same trend as last week and it will keep decreasing trough the week. On The Nine, finally a significant inflow. Fidelity had another great day, with $279m inflow, followed by Blackrock with $162m and by Ark with $74m inflow. Next days will be important to assess how much is left to sell from GBTC and if the Nine are keeping the inflow level of today.

Thanks to have added the link to my video on Austrian School of Economics #Bitcoin #Plebchain View quoted note →

1st video on Austrian School of Economics. In the next months I will make videos from these books: - Austrian Economics - an Introduction - The Price of Time - Ethics of Money Production - Paper Money Supply - Economics in One Lesson youtu.be/_1sxHqFzOMQ #Bitcoin

Most undervalued thing of 2023: Bitcoin programmed scarcity + hard cap at 21m. #Bitcoin  #Plebchain

A big problem with Bitcoin adoption is that the average person, also with a master degree, is almost completely ignorant on how money and the economics work. Therefore it will take more time to understand #Bitcoin  #Plebchain

A society that has more consumer goods and more investment goods is richer. Money doesn’t work in that way, because its value lies in its exchange value, not in its use value Having “more” money doesn’t mean the society is richer, it means that the value of money is devaluated #Bitcoin #Plebchain

CRE loans above $2t, mostly in small banks. Many companies are ending the leasing of some offices. Once the bubble will burst —> money will be printed to bail out the banks —> new inflation and higher debt The current monetary system is broken. #Bitcoin  #Plebchain

We don’t need “smarter” people in charge of our economic system. Powell’s mission is desperate, because the Keynes system is a broken system. We will pay the price in the future, they are only trying to mitigate it as much as possible, but the price will be anyhow very high! #Bitcoin #Plebchain

If BItcoin moved from $16.5k to $30.5k this year (+85% YTD), without any “big news”, imagine what can happen if we have (i) a country buying btc or (ii) a big company buying btc or (iii) a #Bitcoin  spot ETF “Gradually… then suddenly” #Plebchain