👏 US SEC approves bitcoin ETFs in watershed for crypto market 👏
(www.reuters.com)
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Why 6-12 months? And, what's your point here fren?
They need real Bitcoin to back their positions. Because of how they want to manipulate the price of Bitcoin through derivatives and swaps, they will never be able to acquire enough Bitcoin to do what they want. This will result in crypto bail-ins and exchanges like CoinBase will take your crypto.
Ok. Interesting point. Bc of limited supply manipulators will try and steal what they need to essentially "corner" the market. Bc the individual investors got to the party first the institutional investors may not be able to manipulate the price as they do other "commodities."
Is that what you're saying?
More or less. May also be part of their ploy to initiate their CBDCs.
I see BTC as a whitehat move. Most likely to circumvent the DS centralized currency.
Time will tell.