CryptoQuant CEO Mocks Banks on Coordinated US Dollar Liquidity Actions

• Ki Young Ju, CEO of CryptoQuant, asks the community to think of a situation where Satoshi prints more BTC.
• Ki stated that BTC would go down if such a situation occurs.
• CryptoQuant CEO was indirectly roasting the actions of European and US Central Banks to soften the liquidity strain.

On Sunday evening, five central banks in the United States and Europe undertook a coordinated effort to alleviate pressure on the global funding market and to enhance US dollar liquidity. This resulted in a surge in the price of Bitcoin, leading Ki Young Ju, CEO of CryptoQuant, to share a contemplative social media message.

Satoshi just decided to print more Bitcoins again to bail out crypto exchanges.

BTC price will go down as its supply increases. /s https://t.co/ucdqiJMHnV

— Ki Young Ju (@ki_young_ju) March 19, 2023

Ki asked the people who believe in the US dollar system to imagine three things. He initially asked them to think of a situation where cryptocurrency exchanges invest all client funds in shitcoins. Secondly, he asked to imagine a situation where Satoshi Nakamoto prints infinite Bitcoins to bail out the exchanges.

CryptoQuant CEO thirdly asked the believers to…

The post CryptoQuant CEO Mocks Banks on Coordinated US Dollar Liquidity Actions appeared first on Coin Edition.