2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC104: The US FED & Treasury Need Bitcoin w/ Luke Mikic (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin's Psychopathic Conviction That Bitcoiners Aren't Selling They're Not Putting It Back on the Market

On-chain data is showing you the conviction that these coins are being clawed off the market they're going into some of the strongest hands. If there's 2.3 million coins on exchanges that means if another 23 michael sailors stepped into the space and said hey I want 100 000 coins i don't want giga chat michael sailor to become the world's richest man so if i want to i need to accumulate a stack of bitcoin to an equivalent size of michael sailor. It's down to like 2.3million coins out of the 21 million coins only 2.3m are available on exchange for purchase, he says.

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