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Parman - Activate OP_GFY now!! 2y ago

If you have bought #bitcoin    and can't withdraw, you don't even have IOU bitcoin.

You have a worthless "I-DON'T-owe-you-bitcoin" token.

Eg a Bitcoin ETF

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The Daniel 🖖 2y ago

If you already have a decent stack, there can be an advantage to putting some shares of the ETF into your IRA or 401(k) plan, but never before you’ve done the work and custodied your long-term satoshis.

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Parman - Activate OP_GFY now!! 2y ago

If you can't use the dollars to buy real bitcoin, then fake bitcoin could be a good "trade"

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The Daniel 🖖 2y ago

They force you to do this with heavy penalties for early withdrawal, because inflation has to do its work first.

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Pablo Xannybar 2y ago

Proxy fiat tokens