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This article (https://t.co/l5i3tk34XQ) has highlighted the main point of the thesis to give a direction of thought on the difference between two similar statuses.
Have you ever thought about the difference between an amateur and a professional? Essentially an amateur can be very knowledgeable in their field, but still cannot be called a professional.
NBER (National Bureau of Economic Research) published a paper on crypto investing in the US.
The US population is increasingly treating the crypto market as traditional finance and using crypto assets to reduce the impact of inflation on their savings.
https://t.co/1n3Tcvnb4g
Attached a picture to the post. The yellow line shows the amount of liquid BTC (holdings less than 5+ years). Also on the map you can see the volume of BTC held by holders over time.
There is an interesting analysis (https://t.co/eaWG8dzhjy) from Coinmetrics and Bitcoin Suisse. The issue of liquidity and how a decrease in supply on exchanges can affect prices (positively) was touched on a couple of times.
In 2015, the ECB decided to support Europe's financial system with QE - bond purchases. Germany was against it, but was forced to do so. Now the German central bank is in trouble. https://t.co/u740QiQHA7
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