Bitcoin Price Suppressed By Shadow Banking Rehypothecation, Saylor Says
Michael Saylor argued that Bitcoin’s inability to sustain the most aggressive upside forecasts is less about a broken long-term thesis and more about a credit-market bottleneck: a large share of Bitcoin wealth still can’t be financed cleanly inside the traditional banking system, pushing holders toward “shadow” venues where rehypothecation creates effective selling pressure. In a… Continue reading Bitcoin Price Suppressed By Shadow Banking Rehypothecation, Saylor Says