"But BTC is strictly scarce not like gold or silver!"
Wait until the ETFs trade more than 21M BTC on a daily basis.
It's coming.
You didn't think it was possible.
Discussion
If this happened, I would think cold storage bitcoin and ETF bitcoin would be priced differently because you’d only be able to verify one. And you would know for certain the ETF “coins” are bullshit.
Correct. This is why real physical silver or gold is priced 10-20% more than the price on the screen. The screen numbers are fake.