Replying to Avatar DRE

That’s not how property rights work in the U.S. despite what orange pillers parrot

Paying somebody to custody your property does not give the custodian ownership of your property.

If you want to point out that having a custodian may increase the risk of your assets being stolen then make that point.
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Camillo≋ 1y ago

I didn't mention about the risk associated with holding bitcoin ETF.

Paper bitcoin can't be exchanged for the real thing.

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DRE 1y ago

It can be exchanged for dollars which can be exchanged for bitcoin. One more extra step, so clearly not as efficient if you want to use bitcoin as a medium of exchange. The people buying the ETF don’t have a need to use bitcoin as a medium of exchange.

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Camillo≋ 1y ago

Fair point