You’d rather hold a high fee mutual fund that’s not beating the S&P than holding a bitcoin ETF?
Discussion
No I'd rather hold stocks, they don't have to come in a shitty mutual fund. Just buy Amazon for example
Put it this way: do you trust banks, blackrock and government to not rug the coins in the ETF / make it illegal between now and your retirement?
They rugged gold before but never stocks.
I think those chances are too high they fuck with the BTC
So along this line, do you not trust any company holding bitcoin?
For instance, if Amazon were to pull a Microstrategy and own a significant amount, would you not want to own that stock then?
In this way, this is sort of a case for diversification away from bitcoin.
To be clear, these are hypotheticals and we all agree holding your own corn is the best if possible.
Yep definitely wouldn't want to own it in that case.
If their whole strategy is just stack BTC at a custodian, I think that's actually a bad and risky strategy