RE: Stock-to-Flow showing BTC is exactly where it should be right now...
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Bitcoin is a machine to transfer wealth from the impatient to the patient. Gotta wait for CME to lose control over it and boom.
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Well said. Yes people talk about the financialization of bitcoin being a bad thing, but it also means there will be short squeezes from time to time when the powers that be can't overpower the market. In those instances we will see larger moves than we would have seen had they not been involved at all.
Hopefully, before long the fiats will collapse. History never fails. Or perhaps the stock market will enter a stagnation, like in Japan, and traders will take advantage of Bitcoin's low mcap. We'll see.