I agree that fiat denominated price can be the one for someone, but I don't think that it means that #Bitcoin ETFs are good for #Bitcoin.
Discussion
If it grows the brain share of #bitcoin, its good for bitcoin. Bitcoin is anti-fragile. Bad things are good for bitcoin.
Yes but good for bitcoin doesn't mean good for all of us. If Blackrock is able to buy up a majority of the coins they would have some ability to control the outcome. HODL like your life depends in it...because it does
BalckRock cannot buy the majority of coins. The coins are already distributed out. The value perception shifts when they start to try and buy them all. Demand rises. They won’t be the only demand. People will chase the gains and get rekt. All of this is good for bitcoin and for anyone using bitcoin.
What the hell did you just say lol..,👺🍆👎😆🤭