Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

well, it would matter if it affected the spot price but it's a derivative and if anyone is stupid enough to confuse the two then ... well...

it's a derivative, ok? it's a derivative, shout it from the towers!

you can have the real thing without any fucking KYC or account or any government approved shiot

ETF = derivative

degree 1, but it's still a derivative

7e
nobody 2y ago

Yes but you missed the point I think. Nobody thinks the customer will own any BTC. Cash-in/cash-out is clear.

Read again for clarity if you want to add.

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