The Institutions Are Late To Bitcoin And Why Must Not Dump On Them

Oliver discusses the ownership and future prospects of Bitcoin. He highlights that a significant portion of Bitcoin's supply is already owned, with institutions entering the market. He emphasizes the importance of self-custody and discourages participating in Bitcoin ETFs, as they offer paper exposure rather than actual ownership. Oliver believes that institutions will have to raise Bitcoin's price to acquire more, and he encourages Bitcoin holders not to sell cheaply but to let institutions scramble for it.

He emphasizes that Bitcoin's value will continue to rise indefinitely, similar to how gold has appreciated over thousands of years. Oliver also highlights the scarcity and security of Bitcoin, asserting that it will ultimately elevate humanity by encouraging individuals to deliver exceptional value in exchange for The scarcest asset in the world.

This is what is laid out in this talk, which took place on Twitter (X) in December of 2023. Enjoy