Replying to Avatar [ARCHIVED] Jay

The terminal value of 1 BTC in an ETF is zero.

The terminal value of 1 BTC in cold storage is 1 BTC.

All derivatives of BTC are weak and fragile, and will, ergodically, all fail against true #Bitcoin.
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TheyHODL 2y ago

100% agree. Every bitcoin sold to Blackrock will be lost forever and worthless.

21m is a meme, and the reality is your bitcoin is far more scarce than you will ever realise!

https://medium.com/@TheyHODL/bitcoin-etf-hodlers-are-psychopaths-so-prove-it-4f962f49762c

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