Oddbean new post about | logout
 Who's pretending the US is Iran or Somalia lol?  Hyperbolic much? 
 You keep acting as if tradfi is a blackhole or something. Capital can flow in the US unlike in those places. 
 The ops have never actually had their mantras challenged so they just crash out 
 Who are the ops? 
 You 
 What am. I am opp to?  Lol 
 It is a black hole dude.  I operate at the core of it. 
 Idk what to tell you, bro. If you don’t think people are actively selling securities and buying Bitcoin with the proceeds as I have done many times, then there is no point in continuing this conversation. 
 That has never been my argument lol.  I'm telling you it's prohibitively difficult to get your money out of the system and because of that people are forced into buying ibit mstr etc. in fact most retirement accounts will not even allow access to those products.  Most advisors will be de-facto forced to buy those products in order to keep up with the street.  A brokerage account, 401k, Roth, IRA are all different products and most of that money will never exit the system.  It's permanently stuck.

Your cash brokerage account has no problem moving money that represents like .01% of all assets in the system.