I fear the ETFs are going to be FTX all over again. Except Larry Fink, Jamie Dimon and Brian Armstrong are 10x sharper and savvier than SBF.
Discussion
They’re parasites. Looking on the bright side, nature teaches us that the most successful parasites are the ones that turn into symbiotes. So maybe it’s not all bad.
They are evil, but bitcoin doesn’t give a shit. It’s been slaying dragons for a decade. This is just another goalpost on the road the global adoption.
