yesterday’s bitcoin poll made a few things clear:
> half of CT has zero spot BTC, and normies? probably lower... still early lol
> other half of CT has some exposure, big or small
> less than 20% hold $50k+ worth of BTC
> 12% are whole coiners. got a bunch of whales on my feed
what it tells me:
> plenty of people hold bitcoin, my guess is for the basics of security, decentralization, first-mover adv
> seeing stuff like @PortaltoBitcoin making BTC actually useful for DeFi and more? good direction.
> lots of idle BTC that could do a lot more, portal is unlocking this idle capital
look, btc defi is not my main area, but i will be challenging myself and be adding @PortaltoBitcoin to the research stack, balance out the Caldera hotties
makes sense to watch how that locked liquidity gets put to work, and will serve as a proper challenge to myself to continue learnin and researching
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