The corporations and governments buying BTC today are never going to sell and they don't have to.
I tell people this all the time, during the gold standard, Banks and coperations didn’t sell their gold, it’s as if people are forgetting what fiat RESERVE actually does. Now, Bitcoin has more options to be put to work with, yes native Bitcoin on decentralized Crosschain AMM, I know you know about Thorchain already. No bank or cooperation or individuals have to give away custody of their Bitcoin to earn from holding it. This is even more reason to hold Bitcoin!
At a certain point, all the small fish will sell out and be permanently priced out of the market.
Wouldn’t this be a disaster?
Whoever has the best distribution of tokens is going to have the best kind of decentralization possible. You can't get that kind of distribution with a deflationary asset. It is known. People are going to horde it; they already are.
Hmmn very interesting...am I seeing what you’re seeing? Hive much uh!
Amazing read
Agreed 100% that it is a reason to hold. Not other way around
Exactly my thoughts.