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Blue Collar Bitcoin 2y ago 💬 3

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.

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DRE 2y ago

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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james deane 2y ago

Depends on the wording in the ETF terms, but some/all the corn in the fund could be used as fuel in the derivatives market.

Some ETF’s allow the underlying assets to be lent out.