Why are Bitcoiners up an Bitcoin ETF?

If BlackRock gets hits hands on that thing it will become entirely centralized in the hands of traditional financial institutions.

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Wtf are you saying bro 😂😂😂😂😂😂

Do you even know how the protocol works and what Proof of Work is? 🤣

Yes i know

Do you think Blackrock ETF is good for Bitcoin?

It gets regulatory clarity and unlocks more adoption.

Maybe not the adoption we as sovereign individuals want. But let’s be real and face the fact that majority of people don’t want to do the work and hold their own keys. They would rather buy an ETF or even a world tracker with a small exposure in #Bitcoin. This will all become possible once there is an ETF.

For us it doesn’t change anything. Stack hard, hold your own keys, be free and stay humble

So what you really want is to make your profit and fuck who gets rugged?

We all have to try to onboard as many as we can. But unfortunately not everyone wants to become a sovereign individual. Some just like to live in “comfort” thinking the government has their best interest.

Making a profit is nonsense.. 1 BTC = 1 BTC

You are not a bitcoiner if you want the others using fake bitcoin so your 1BTC-1BTC buy more goods with the same amout..

Did you like your family have the BTC etf?

If no why you want other to have it

Be more humble..

Unlike fiat, I doubt anyone will be forced to use bitcoin etf

That’s was never the point, anyone will not be force to use eth etf too..

Where did I say I want others to be using that? 😂

Where did I say I would like my family to have fake BTC? 😂

I just said that probably not everyone wants to do the work and self custody. If that’s the same as saying I want other people to buy the etf 😅🤣

Stop being a wimp now that you've understood my point.

Half a word is enough for a good understanding.

Again, if you can explain me where I’ve said the things you accuse me of 😅

I understand you don’t think an ETF is good for #Bitcoin and yes I agree with you on certain levels.

Don´t come with smooth talk now, i wasn't born yesterday

Have a great day man, seems like you could really use it ☺️

What you? Choose life dickweed

🤷🏻‍♂️

ETF is a layer 2. More L2 is welcome.

There are people who have their brain connected to their ass, only that way do these shitty ideas arise.

🤮🤮🤮

Worst case scenario would be an institution, any institution, buying up the liquidity available across exchanges effectively triggering the supply shock we've all been waiting for. Sending the Bitcoin foreign exchange value past the moon and mars.

Damn what a shame that would be

Они еще не знают что такое владеть биткоином) Каждая их транзакция будет причиной сверх движений на рынке) по 50% каждый раз или больше) ну это уже не важно)

I agree with you. Good for price (exchange rate), bad for Bitcoin. More and more BTC is traded offchain, this is more “paper Bitcoin “

Thats was always my point👌🏼