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Rabbit Hole Recap #260: Larry Fink Comes Out of the Closet

Rabbit Hole Recap

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The Confusion of Bitcoin and the Global Payments Industry

The overwhelming majority of those people are holding custodial Bitcoin, Iowa use. They're not holding Bitcoin, right? That's where the conflation happens. Like there's a whole group of Bitcoiners that will include anyone who owns the ETF as holding Bitcoin,. like those, they're Bitcoin, Iowa users. And then I mean, to the people in the comments who are saying like, this is not the time to spend Bitcoin, like you're spending Bitcoin in a bear market. Well, I would say you're bearish on Bitcoin if you still hold dollars then. Because if you don't hold dollars, you have to spend Bitcoin.

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