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If you are referring to the bitcoin etf's being able to produce more bitcoin from one bitcoin, at the moment, I don't see anything wrong with that. From the beginnning, I've always advocated for #Bitcoin to multiply instead of being scarce. My only hope, is that it should be implemented in a way it won't hurt society. What are your sincere thoughts on his theory?

₿jorn ⚡️ 1y ago

I meant if ETF’s could sell their share without actually holding real Bitcoin to balance their inflows from their customers. I.e people think their savings are backed by bitcoin it it’s actually not 100% true.

I know you can’t make more than 21milion bitcoin without 51% of miners voting for an increase in supply. Which is unlikely

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Discussion

Hapogae001 1y ago

Yep, people will probably think their savings are backed by bitcoin & sometimes it won't be 100% true. But we'll see how things develop :)

₿jorn ⚡️ 1y ago

Benefit of the doubt for now. Time will tell.