Hey #[0]
In your recent show, you said "we need an ETF"
Can you please explain why Bitcoin needs an ETF? Institutions don't need an ETF to buy Bitcoin. See, El Salvador, See Microstrategy. Self custody is not rocket science. DCG is a cancer and is bad for Bitcoin. At least short term. People like them are part of the reason why other people disregard Bitcoin.
You know what, maybe we don’t need an ETF.
Bitcoin doesn't need an ETF. Grayscale does.
I wanted to scream when the dude tried to justify fighting for an ETF by saying that the gov is trying to make it harder to self custody BTC in things like IRAs. He was so transparently self-interested in helping his version of bitcoin not the actual bitcoin protocol. It was kind of unreal how casually he said it.
The moment where I can hear the excitement of regulation funneling money into his pockets and him spinning it as ETFs saving the day. https://fountain.fm/clip/p90SfDJGlBix9Cd0PEnr
