Replying to Avatar The Bitcoin Way

#bitcoin ETFs 👇

- You introduce unnecessary counterparty risk

- You don't actually own any Bitcoin

- You can't transact with it

- You have zero privacy

- Ongoing fees = your stack gets smaller over time

Suggesting ETF shares are superior to Bitcoin in self-custody is ridiculous
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Schroedinger 1y ago

Since I'm not on the dead bird app I don't know if the meme holds true (slight doubts), but what he writes is accurate I think.

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