That's a really good point. If exchanges ever got gated, mining is all there is.

That said, it looks more like the near future could make it easier to invest in Bitcoin -- but you sure can't withdraw to your wallet from an ETF.

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“Easier” depends on your unit of account & ability to self custody. No flow + usd denominated = not satflow.

Smoke & mirrors unfortunately, I’ll take a levered long position on Kollider/Ln market instead.