VIVEK RAMASWAMY IS LAUNCHING AN ETF THAT BUYS BITCOIN BONDS AND YET THE EDGE LORDS STILL THINK A STRATEGIC BITCOIN RESERVE WILL NOT HAPPEN.

Replies (32)

Ryatoshi's avatar
Ryatoshi 1 year ago
Let’s pray he doesn’t fall into shitcoining 🙏
t33ts's avatar
t33ts 1 year ago
Wait... What is this? Can someone fill me in on what I've missed?
old town's avatar
old town 1 year ago
You’re going to get flooded with pajeets but your bitcoin number go up
The Bitcoin game theory has been playing out shockingly well. Everyone on earth will want a strategic reserve, and will want to associate themselves with entities that do the same. Gas stations that stack sats, will wipe the floor with gas stations that stack dollar coin.
BottleTeams's avatar
BottleTeams 1 year ago
Potentially the best Tradfi product for a retail #bitcoin guy
Polymarket is usually a good signal, no? I wonder why the odds are still sitting at 30% 30% is a healthy possibility, but the noise makes it seem like this should be way higher. > 60%
I still think back to December 2023 when Bitwise polled Financial Advisors asking if/when BTC ETFs would be approved. 60% believed the ETFs would happen in 2025 or later. They launched one month later. Same vibes for SBR.
For what it is worth, if I read it correctly, then Kalshi puts the odds at 61% that “If the White House creates a National Bitcoin Reserve (a la the Strategic Petroleum Reserve) before Jan 1, 2026, either through direct executive action or by signing a bill into law, then the market resolves to Yes.”