BTCminstrel on Nostr: 100% Wish more bitcoiners would dig deeper into the concept of Use Cases and ...
100%
Wish more bitcoiners would dig deeper into the concept of Use Cases and Job-To-Be-Done.
It's a big world out there and many people are in many different situations with different constraints that need different approaches.
I think the underlying fear many are reacting to is that the ETF will subvert the use case for holding your own keys and put the fundamental decentralization and censorship-resistance of bitcoin at risk.
This is a good thing to always be concerned about, and we should remain vigilant. But the ETF will grow an entirely new crop of BTC maximalists, who will help maintain that vigilance.
And exposure to BTC, while surely getting some rekt, will save many many more from financial destitution with money that cannot otherwise be used to hold their own keys.
Wish more bitcoiners would dig deeper into the concept of Use Cases and Job-To-Be-Done.
It's a big world out there and many people are in many different situations with different constraints that need different approaches.
I think the underlying fear many are reacting to is that the ETF will subvert the use case for holding your own keys and put the fundamental decentralization and censorship-resistance of bitcoin at risk.
This is a good thing to always be concerned about, and we should remain vigilant. But the ETF will grow an entirely new crop of BTC maximalists, who will help maintain that vigilance.
And exposure to BTC, while surely getting some rekt, will save many many more from financial destitution with money that cannot otherwise be used to hold their own keys.