Oddbean new post about | logout
 If you think about it, every fiat-printing central bank and every company that can issue their own stock or bond is essentially able to print a non-scarce resource to buy something scarce.

Altcoiners knew this in the ICO bubble of 2014-2019 until the market realized that Bitcoin performed much better.

The investment of Bitcoin now by these institutions is going to create a lot of Bitcoin Maximalists in 5 years.