'paper' btc coming soon. And don't think for one second it can't happen. Many will want nothing to do with holding keys any type of self-custody. They will just care about number go up and will have zero idea if the btc they are told they hold actually exists.
"Bitcoin is an international asset..."
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Discussion
We already got it. It was called FTX
Well there ya go. This will be much worse though. Everything these demons and their ilk touch end up breaking. And to think they don't have some fucked up plan with this ETF is just being intentionally short sighted and naive. I really hope I'm wrong, but I truly think this is the worst thing that could happen to btc. Not to mention it goes completely against the counter-economics ethos I thought existed in this community, yet I see far too many embracing institutional adoption as if its the Second Coming.