Oddbean new post about | logout
 It’s hard to compare assets in the fiat world over decades bc the money supply is always changing/unknown. 

ETFs are putting up big numbers but we gotta dig deeper. 
https://m.primal.net/Hodi.png 
 Ibit holds more bitcoin than micro strategy. The grayscale sell off is where I am watching. Really looks like Blackrock market capture is underway.