Nostr Web Client

observing a lot of points of view from many regarding ETF Futures n fiatization of #bitcoin (nostr n X n web)

so people are aware of these that's good news

still feels bitcoin is slowly moving away from real bitcoin esp as medium of payment after 15yrs.

hope people n plebs dnot forget why bitcoin came into existence at all - P2P transfer of value without touching the fiat system NOT become a part of it at the end of the evolution.

think again - before acting - no its not about technology or this or that wallet - more about the principle of bitcoin's existence.

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Discussion

Robertrobert 2y ago

#btc is enlarging with time. Once microscopic it grew with little notice or concern by larger entities. Now it is noticeable and established systems are themselves being impacted. They are reacting. Some try to align with it some resist alignment. Bitcoin doesn’t care but history shows that alignment with BTC is a win-win. Resistance is a win-lose.🙂

captjack 🏴‍☠️✨💜 2y ago

good thinking 🫡 - but indirectly diluting it - is also a possibility

Twin Rams 2y ago

I got two takes on this:

1) Nothing Can Stop What Is Coming - imo bitcoin is like the Death Star moving slowly and taking what is in its path. Moving fiat wall st $$ out of other funds and into btc ‘related’ is just the next step, but not the final move.

2) Rugs will continue until people learn 24 words: once normies move to ETF (and away from other fiat bs) it’s much closer to learning why they shouldn’t have gotten an ETF and they need to take more steps to get to cold storage.

Yes it’s painful for us to watch but plan on it if ETFs get approved!