Gar bear on Nostr: Yes. I just talked to a retired gentleman who grasped the concept of bitcoin and was ...
Yes. I just talked to a retired gentleman who grasped the concept of bitcoin and was excited about it, but he was like a babe in the woods about how to get it. The ETF provides a path for our parents' generation who get it conceptually. I was thinking of recommending some private custodian companies, but I don't have confidence in those either. And it all requires trust to operate, trusting the person on the phone, the company, etc. He's inevitably going to have trust built into his bitcoin stack due to his technical skills, so he might as well have the audited, ETF business model.
Published at
2024-08-14 10:13:48Event JSON
{
"id": "b36297474c0b16dd8ea29573677ec6aa2d642ce3278b1065dcea7528bceba46f",
"pubkey": "454bc2771a69e30843d0fccfde6e105ff3edc5c6739983ef61042633e4a9561a",
"created_at": 1723630428,
"kind": 1,
"tags": [
[
"p",
"dd664d5e4016433a8cd69f005ae1480804351789b59de5af06276de65633d319",
"wss://theforest.nostr1.com/",
"Laeserin"
],
[
"e",
"02ade946d73d5728a5c20cfdd61cc03fe4d04228aa65b59a49069801228de09b",
"wss://theforest.nostr1.com/",
"root",
"dd664d5e4016433a8cd69f005ae1480804351789b59de5af06276de65633d319"
]
],
"content": "Yes. I just talked to a retired gentleman who grasped the concept of bitcoin and was excited about it, but he was like a babe in the woods about how to get it. The ETF provides a path for our parents' generation who get it conceptually. I was thinking of recommending some private custodian companies, but I don't have confidence in those either. And it all requires trust to operate, trusting the person on the phone, the company, etc. He's inevitably going to have trust built into his bitcoin stack due to his technical skills, so he might as well have the audited, ETF business model.",
"sig": "1afddafd7306ca794858d65bb9489508fb2ccbb43a65f5d79afadb2a9797e62f22b456eb54fad6872dd41f31cb0abc89c96d264e9eca6dd69b88b3fcfff1d520"
}