Bitcoin Price Suppressed By Shadow Banking Rehypothecation, Saylor Says
Michael Saylor argued that Bitcoin’s lack of ability to maintain essentially the most aggressive upside forecasts is much less a few damaged long-term thesis and extra a few credit-market bottleneck: a big share of Bitcoin wealth nonetheless can’t be financed cleanly inside the normal banking system, pushing holders towards “shadow” venues the place rehypothecation creates…
