Replying to Avatar ODELL

there is no need to fear a blackrock etf if you are holding bitcoin yourself - a key value prop of bitcoin is that owning more bitcoin does not give you greater control of the network - blackrock may play paper bitcoin games, if they do they will get rekt - blackrock may try to fork the bitcoin protocol, if they do they will get rekt

blackrock is the largest fund manager in the world - a bitcoin trust with their name on it is unequivocally bullish - this is not priced in yet

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aponcol 2y ago

I do see some utility for a Bitcoin ETF that holds real bitcoin underneath (like physical ETFs that hold real stocks). I don't think Blackrock will go this route but if they do I think it's positive and bullish for bitcoin.

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