jmb on Nostr: There is a real sense in which ETFs represent a pornogrification of #Bitcoin. They ...
There is a real sense in which ETFs represent a pornogrification of #Bitcoin.
They are an attempt to benefit from one aspect of Bitcoin on their terms, without actually taking the time and assuming the responsibility to study, understand, and custody it.
Investing in the ETF will be a jumping-off point for that process for some, but the vast majority of the money going in is only interested in a few minutes of narcissistic gratification.
They are an attempt to benefit from one aspect of Bitcoin on their terms, without actually taking the time and assuming the responsibility to study, understand, and custody it.
Investing in the ETF will be a jumping-off point for that process for some, but the vast majority of the money going in is only interested in a few minutes of narcissistic gratification.