LightningNetwork+ on Nostr: I believe not. It’s going to be like this: Cash > ETF > Bitcoin > ETF > Cash You ...

I believe not. It’s going to be like this:
Cash > ETF > Bitcoin > ETF > Cash

You can’t get Bitcoin directly only cash out of the ETF.

This is basically to ensure there is demand for $ as a transitionary medium, in my opinion. It’s to reduce the perceived value of Bitcoin, because theoretically we could do without cash.