One possibility I see, however unlikely, is that it loses steam and traction in the institutional world for a while or it gets shunned so heavily in the US that it just goes back to being a secret little circular economy. I am probably not right though well
Discussion
You may be on to something. Who knows. I just know how I feel in the gut.
meh I'm probably not lol
I hate the ETF involvement, I don't trust them to have full reserve, and since its cash in cash out we can't wreck them with a run on bitcoin
🎯🎯yup. It’s the opposite actually. They can play the price now & wreck HOLDERS when it suits them.
Most of these ETFs hold their bitcoin at Coinbase so Coinbase would have to collude with the ETFs to be fractional reserve. Unlikely IMO
I'm sure bankers wouldn't ever collude (looks at federal reserve) hmmm.... Maybe they would