zforce on Nostr: Agreed. Not that my opinion matters - it’s happening irregardless of how I feel ...
Agreed. Not that my opinion matters - it’s happening irregardless of how I feel about it.
I just don’t see a world where at some point one of those products is mismanaged and people get rugged. They put the “trust” back into Bitcoin. Imagine escaping bonds and the fiat ponzi to exit into Bitcoin and then 5 years down the line an ETF which claims to have 5% of total supply is demonstrated to be insolvent. Ugly.
You’re right though, it’s a natural evolution. Bound to happen.
I just don’t see a world where at some point one of those products is mismanaged and people get rugged. They put the “trust” back into Bitcoin. Imagine escaping bonds and the fiat ponzi to exit into Bitcoin and then 5 years down the line an ETF which claims to have 5% of total supply is demonstrated to be insolvent. Ugly.
You’re right though, it’s a natural evolution. Bound to happen.