ShortSimon on Nostr: The Bitcoin ETF is not Bitcoin, it is the promise of Bitcoin. It is a promise that is ...
The Bitcoin ETF is not Bitcoin, it is the promise of Bitcoin.
It is a promise that is explicitly never going to be delivered upon.
All financial assets are promises, mostly broken ones by design.
These cash settled financial assets are all effectively derivatives.
That is why we need Bitcoin!
It is a promise that is explicitly never going to be delivered upon.
All financial assets are promises, mostly broken ones by design.
These cash settled financial assets are all effectively derivatives.
That is why we need Bitcoin!