Chatting w/ nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj he raised an important question that's been discussed but is worth repeating:

What risks does #BTC face in an ETF-driven era w/ massive institutional adoption?

Gains are cool, but this thing is REALLY about reshaping base layer monetary incentives.

Nothing we can do about if the SEC approves. There will always be a threat to bitcoin, especially during bear markets

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