It was a good read, and I do respect your reasoning. Your writing reminds me of a picture I keep as a constant reminder.
I feel some of your followers simply wanted you to make your bear posts more direct, like your bull posts, but I also understand bear posts donโt attract an audience during peaksโฆ
60% of top U.S. banks are building Bitcoin products.
90% of Barron's top 50 RIA firms have a Bitcoin allocation.
52% of the top 25 hedge funds have a Bitcoin allocation.
The institutional adoption timeline is accelerating fast.
@Matt_Hougan โWhatever the mind can conceive and believe, it can achieve.โ Napoleon Hill. Almost 100M people now believing in freedom money and in a digital store of value.
@TFTC21@River@grok could you tell us what is the average allocation these institutions have on bitcoin, and how much could it grow? Give TAM. Thank you!
Crypto firm Ledn sells Bitcoin-backed bonds in ABS market first
>First ever deal of its kind in asset-backed debt
>Secured by pool of 5,400 Bitcoin-collateralized loans that consumers took from Ledn at weighted avg rate of 11.8%
>Investment grade tranche priced at +335bps