DecodeJar on Nostr: Bitcoin spot ETFs have been available in many countries around the world for a while ...
Bitcoin spot ETFs have been available in many countries around the world for a while now. Some have been available for well over a year!
The only thing lacking is demand, and that comes with liquidity, not when some TradFi entity comes along with yet another Bitcoin product.
US news dominance on social media will lead you to believe that this is the most important event in Bitcoin's history, and the timing of the approval may lead you to believe that it affected price, but the reality is the US is late. Spot ETFs are old news, and if you're a real Bitcoiner, why are you cheering for these products anyway?
There are so many more important and interesting developments in the Bitcoin space.
Things that drive real self-custodial adoption, like what is going in El Salvador, and how that might influence other countries like Argentina to adopt Bitcoin at a national level. These events are huge!
Ordinals have attracted more builders on Bitcoin than we've seen in years past combined. BTC has gone from something that young people didn't care about, Boomer coin, to the most innovative and feature rich NFT market in crypto. Web3 has arrived on the mother chain and the result of that innovation is that Bitcoin is outperforming Ethereum by quite a margin!
Bitcoin will continue higher whether these ETF products get approved or not. Number go up technology is pre-programmed. As the fiat ponzi scam goes down, BTC goes up.
#Bitcoin doesn't care about ETFs, and neither do I ‼️
The only thing lacking is demand, and that comes with liquidity, not when some TradFi entity comes along with yet another Bitcoin product.
US news dominance on social media will lead you to believe that this is the most important event in Bitcoin's history, and the timing of the approval may lead you to believe that it affected price, but the reality is the US is late. Spot ETFs are old news, and if you're a real Bitcoiner, why are you cheering for these products anyway?
There are so many more important and interesting developments in the Bitcoin space.
Things that drive real self-custodial adoption, like what is going in El Salvador, and how that might influence other countries like Argentina to adopt Bitcoin at a national level. These events are huge!
Ordinals have attracted more builders on Bitcoin than we've seen in years past combined. BTC has gone from something that young people didn't care about, Boomer coin, to the most innovative and feature rich NFT market in crypto. Web3 has arrived on the mother chain and the result of that innovation is that Bitcoin is outperforming Ethereum by quite a margin!
Bitcoin will continue higher whether these ETF products get approved or not. Number go up technology is pre-programmed. As the fiat ponzi scam goes down, BTC goes up.
#Bitcoin doesn't care about ETFs, and neither do I ‼️