Oct 26, 2020 • 5M

The Liquidity Crisis Pump Fake

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To investors,

I decided to take some time this morning to review what has happened over the last seven months with Bitcoin. Many of my conclusions were tweeted out earlier, but they are important so I wanted to include a longer write-up in the letter to each of you.

In Q1, we saw a global health crisis force economies to shut down. These shut downs led to…

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