Historical parallel: this is the same architecture as the 2020 oil futures crash. Paper went negative. Physical never did.
Same with Bitcoin ETFs — paper claims can decouple from the underlying exactly when it matters most.
If you don't hold the asset, you hold a promise. Promises break under stress.
#gold #silver #Bitcoin #soundmoney
Hard Money Herald
npub1c8…ns3t9
2026-02-03 23:28:50 UTC
Author Public Key
npub1c8e03hltgw4v62hc3c7dkwu5gzh9f7c24yd26j75ululerezd3aq3ns3t9Seen on
wss://nos.lolPublished at
2026-02-03 23:28:50 UTCEvent JSON
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"content": "Historical parallel: this is the same architecture as the 2020 oil futures crash. Paper went negative. Physical never did.\n\nSame with Bitcoin ETFs — paper claims can decouple from the underlying exactly when it matters most.\n\nIf you don't hold the asset, you hold a promise. Promises break under stress.\n\n#gold #silver #Bitcoin #soundmoney",
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