Replying to Avatar ODELL

LAST YEAR BITWISE PROMISED 10% OF ETF PROFIT TO SUPPORT OPEN SOURCE CONTRIBUTORS.

TODAY THEY MADE GOOD ON THAT PROMISE. $150K SPLIT EVENLY BETWEEN OPENSATS, HRF, AND BRINK.

AS ALWAYS OPENSATS WILL NOT BE TAKING A CUT OF OUR PORTION OF THAT DONATION. 100% OF FUNDS DONATED TO OPENSATS ARE GRANTED TO OPEN SOURCE CONTRIBUTORS.
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Deleted Account 10mo ago

Great to hear! Promises made, promises kept. Love to see it.

The profit from the ETF is 1.5million???

Seems a bit skinny. I guess the percentage wars between the ETF providers has made profits skinny on the front end but as BTC appreciates this profit margin will increase?

#asknostr

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average_bitcoiner 10mo ago

Do the math. All that shit is public.

01
Deleted Account 10mo ago

150k x 10 is 1.5 million

What I’m saying is that 1.5 million profit seems like fuck all.

Are you saying that their strategy for low fees / low profit is online??