npub1ah…cl76e on Nostr: The answer was known 5 years ago, when Monero Bros figured that fractional reserves ...

The answer was known 5 years ago, when Monero Bros figured that fractional reserves have been weaponised to price suppress.

Bitcoiners were to proud of fiat NGU at that time to read between the lines and prepare a proper defense against this attack.

But realistically it all started in 2017 with CME and CBOE "adoption" to "tame the prices"

quoting
nevent1q…nymc

“So then, the (21M) cap is irrelevant when Jane Street can fabricate unlimited synthetic supply through undisclosed derivatives stacked on top of its own ETF inventory.”

Now we know the answer to the price mystery. And color me not surprised.
Paper bitcoin…

https://x.com/1914ad/status/2026757796390449382?s=46&t=DG1JEc-EXQnoc72Rmx9dOA