Replying to Avatar 🇨🇭 The Swiss Hodler | Bitcoin = Freedom

Expectation: The ETFs will send #Bitcoin to the moon.

Reality: Wall Street's 'financial products' turning digital gold into IOUs - just like they did with gold...

Self-custody your Bitcoin. Avoid the paper games.

#Hyperbitcoinization #Paperbitcoinization
Avatar
Monetary Mulligan 1y ago

First off, self custody 100%. ETF's are IOU's and paper Bitcoin is a recepy for scams.

But I do believe the ETF's are a good thing for a certain group of people. Also because Bitcoin is fully auditable in the future we might see a proof of reserve system solidifying their credibility.

Reply to this note

Please Login to reply.

Discussion