GM. HF

https://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/

“I’m a believer in cryptocurrency as an asset class, not a currency.”

Of course you are Larry. Along with everyone else promoting this stupid ETF. “But it will increase adoption by so much!” Look I’m not saying more people won’t be talking about bitcoin now but it sure feels this is all part of the plan, the only plan the government has at this point in time.

First is ETF approval and then self-custody is banned because of funding terrorism or whatever made up reason. “Don’t worry though, here you can convert your self custody bitcoin into our ETF which is the same thing but better because you don’t have to worry about losing your funds in a boating accident!” Didn’t we see that playbook with Gold in 1933 and 1971? How did that work out for people holding the IOUs for the gold they used to own?

I don’t want to sound like a doomer but I really don’t like where all this shit is going. I don’t want to be forced between holding self custody bitcoin or being considered a criminal. Bitcoin is the greatest tool this world has ever seen and this sure feels like a giant Trojan horse but we’ll make it through. It probably won’t be pretty but we’ll make it because we have to.

That’s my rant for now on this stupid ETF bull shit.