Nostr Web Client

Will approval of a #Bitcoin ETF hasten adoption because more people will get price exposure? Or slow adoption because people will be less likely to hold their own keys? #Asknostr

Reply to this note

Please Login to reply.

Discussion

MAV21 2y ago

I think people will treat it like a stock

Diego Valley 2y ago

Unlikely. Gold etf didn’t mean more people bought bullion.

jimbocoin 🃏 2y ago

Does that mean slower adoption, more rapid adoption, or no effect on adoption rate?

Diego Valley 2y ago

Depends how you measure adoption I guess. The more ppl buy through an etf the fewer that buy and cold store then the fewer onchain wallets.

𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) 2y ago

ETF will capture a portion of bitcoin making them worthless

BottleTeams 2y ago

None of the ETFs hold any bitcoin.

MAV21 2y ago

Number go up

Freedom go down

MaxMaxi 2y ago

I think they are going to market and sell the living shit out of these ETFs, and in doing so greatly “legitimize” Bitcoin to the masses. This will grow adoption of all kinds, including personal HODLing of Keys.

jimbocoin 🃏 2y ago

Let’s hope! 🤞