Cryptonauts we love you!! Mighty watch army, we ride for the long arc of humanity over fiat!! Warning, we are running hot & may be a danger to ourselves and those around us tonight YEEEEE HAAAWWWWWWW!!!
Warmup funnies - part seven in the series, bless em, Bitcoin magazine has lost their ($$(*#$(* !!! mind.... ah HA HA HA HA !!
TLDR: Yeeeeaaaaahhh no. Not so much. That's NOT gonna happen in our lifetime, RFK baby!!
Did we say we are running hot? OK let's HIT IT!!
Here's a feel good funny for the whole family !! Hey, take the world's largest spot bitcoin exchange. & just casually put the whole thing on Lighting overnight!!
TLDR: Big Numbah One Binance just casually pulls it off!! Throws down!! We bet it's a LONG arse time before COIN gets this done ah HA HA HA HA!!! Technical MASTERY!!! Keeping it UP!! Ohh that was beautiful man.... not the VERY first exchange to do it but by far the first meaningful one!! So is BNB coin way up yet?? no ah ha ha ha!!
And finally, dear readers know we have no love lost for bitcoin miners. Sure, they are fine and all, sort of, depending, but they will always be around, no one should WORRY about their little last man standing power consolidation reindeer games!!
It IS funny tho, all BTC miners these last couple of quarters have been praying to the aliens for something, anything to nudge up their profit and let them hold on, & GROW!!
Here we see some idiot CEO Phil, dazzeled by price action. His blind desire for any help makes him swallow Larry Fink's live bait hook line & sinker!!!
TLDR: Someone needs to take the nice CEO aside and tell him: ETFs do NOT expose BTC to institutional demand, ya #$&#($&!!! dumbarse!!
Repeat after us: Phil ya fart in a spacesuit what colour is the wind phillip?? 
TLDR: It's ok if ya move yer lips while you read and smell this Phil. Slowly: ---- ETFs are NOT mutual funds. They do NOT usually hold the underlying asset.
Miners depend on the scarcity of bitcoin to keep driving up the value of their decreasing by design returns. Phil, money flowing into paper BTC does NOT repeat NOT affect the SUPPLY and DEMAND curve .
Paper BTC opens a path for institutional money to flow into NOT bitcoin, PRETEND bitcoin, paper bitcoin that will just be hedges on the CMO futures market, paid for by the heavy ETF fees. Oh, the illusion will be there - if you are a bank Blackrock LOVES, you could take out actual BTC. But who ever will?? $#(#$(U miners let's just say they never made it to the arb group of conceptual math.
We love y'all gotta crash ! Take care mighty watch army!!
Please follow us we will follow you!! @davidsawyer!!
Peace out,
love
Dave
