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What’s funny is most of the “progressive/left” bitcoiners I know are incredibly skeptical of Wall Street and the ETFs showing up, as greater attack vectors do government, and more of the self-described “libertarian” bitcoiners (on X) seem to be welcoming of them and mostly talking about NGU

Yet we progressives/left are accused of wanting centralized control in everything?

Bruh

mattybs 1y ago

The ETF is a necessary evil that is an incremental step to bitcoinization.

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Discussion

Trey Walsh 1y ago

I disagree.

But also don’t think it will MEAN Bitcoin is co-opted, but it’s a distraction that we must be vigilant to educate folks about the what and why of Bitcoin.

mattybs 1y ago

I agree with that statement. I just don't believe that Bitcoin adoption ever happens without an ETF showing up somewhere along the way. And it's done with now so the argument is kind of moot I guess.