VarMur on Nostr: Holding your own keys gives you ownership of all future forks. The no effort ...
Holding your own keys gives you ownership of all future forks. The no effort (in)action of never selling any such forks ensures that you will always have the working fork, no matter which fork ultimately succeeds.
You don’t have to choose.
These ETFs get to play god, deciding which fork is now the underlying asset, and hence which one you have a claim on.
They, being the key holders, are not exposed to this risk.
Surely they have no motive to create forks as a way to rugpull? All perfectly legal and clearly explained in the terms and conditions.
If the underlying asset can fork, SO CAN the ETF. In terms of giving the ability to choose which forks to hold, or do nothing, this would put the ETFs on par with self custody.
If there’s truly an interest in “investor protection”, that is.
You don’t have to choose.
These ETFs get to play god, deciding which fork is now the underlying asset, and hence which one you have a claim on.
They, being the key holders, are not exposed to this risk.
Surely they have no motive to create forks as a way to rugpull? All perfectly legal and clearly explained in the terms and conditions.
If the underlying asset can fork, SO CAN the ETF. In terms of giving the ability to choose which forks to hold, or do nothing, this would put the ETFs on par with self custody.
If there’s truly an interest in “investor protection”, that is.