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Strategyone

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Strategyone

Re: trunkmonk post# 26922

Monday, 12/06/2021 5:26:08 PM

Monday, December 06, 2021 5:26:08 PM

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trunkmonk,

For this we can half agree. I think the 25% of households is way out of touch with reality. It is growing but even in my world of tech professionals, I would guess closer to 10% - 15%.

As for Grayscale being a "failing entity", not even close. The largest public asset holder of bitcoin in the world by a long stretch and they pull management fees regardless of the price of bitcoin so they are never, not profitable. All risk lies with the shareholders and grayscale does not buy back and liquidate any holdings. Pretty slick business model for them.
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