Replying to Avatar Base Layer Capital

#Butcoin Etfs. Love them or hate them, but they are effectively the end of unit bias.
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nobody 1y ago

Not yet. Wait until countries jump into the game following El Salvador’s lead. And Apple following MSTR lead.

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Base Layer Capital 1y ago

FOMO will be real!

The ETFs allow people to buy Bitcoin for $45/share. The people buying this won't even think in terms of how much of a vitcoin they own...which is good because they don't own Bitcoin anyway. Lol

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Jor 1y ago

Very accurate

We aren’t far away from pricing sats instead of bitcoin

Owning a bitcoin will be like owning an entire town in the 1600s

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nobody 1y ago

More like owning an entire city block in Manhattan in the early 1900’s but your point stands.

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nobody 1y ago

Yup. That math works. They are truly in the NGU camp. It’s all they care about.

While we hide our BTC under the floorboards holding onto the real thing.