It is not losing, even a little actually. If we were expecting there not to be stressors or changing dynamics in the market or in the regulatory environment is incredibly naive, imo. And the idea that the simple existence of an ETF that is popular meaning it’s been “taken over” I think only results from a profoundly shallow understanding of what Bitcoin is and how it works. It has literally done nothing at all to Bitcoin and the number of people who think it has lost in the barely few months since the existence of ETFs for essentially no reason just shows how defeatist most people are, imo.

Appreciate the input though. I, however, do not agree with the sentiment and find these recent developments to be both expected and necessary. Considering we’ve been discussing their high likelihood since 2011 and 2012, I’m surprised people are shocked by it all. 🤔🤷🏻‍♂️

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