We were pitched a gigantic lie that people that wanted BTC exposure couldn’t get it so we needed leveraged balance sheets to manufacture #bitcoin out of thin air and then pensions and crap could finally buy it. Anyone that actually understands Bitcoin has liquidated their retirement plan and paid the 10% penalty or rolled it over into something like an Unchained IRA. The entire premise was a scam from the start. Spot Bitcoin into cold storage remains the only way to hold the money of the future. If capital allocators need some excuse to buy paper bitcoin then they are retarded too and we don’t need them. Do the work or get left behind.