Replying to Avatar HoloKat

I don’t know how it would actually unfold with etfs but I’m assuming they’d just hold the fork shitcoin with their custodian and have the option to sell off bitcoin. My guess is they would absolutely do this to dump the price and encourage a switch. The actual ETf would probably not be affected volatility wise unless the shitcoin starts dumping - which I don’t think would happen right away because they have an unlimited fiat printer basically …
Avatar
yaazer 1y ago

Well I hope we're wrong on this. They should have enough smart people involved that have been through hard forks before.

We will have to wait and see.

Reply to this note

Please Login to reply.

Discussion

Avatar
HoloKat 1y ago

It’s a bit different this time around when you have one player with massive coffers. They would suppress our prices for a while and it might even feel like the end for bitcoin. But, it’s hard to say really.