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JUST IN: Onramp CEO Michael Tanguma on bondholders rotating out of U.S. Treasuries and into Bitcoin: “Bitcoin is just gold with wings.” “If they're having to net settle for oil, why wouldn't you just be sending Bitcoin for a billion dollars of oil in a tanker via some multisig with escrow set up with multiple sovereigns, versus having to think about how do I net settle in this gold to have additional IOUs.”

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