Number one thing CNBC wants to talk about re: Bitcoin ETFs: The possibility of Etherium ETFs.

It's striking. The suits constantly dismiss Bitcoin for it's lack of utility, for which they are blinded by their privilege. They constantly dismiss Bitcoin as a "purely speculative" asset.

Let's pretend for a moment, however painful, that they are right, or at least that they truly believe what they are saying...

How can you hold that view yet simultaneously drool at the prospect of wrapping Bitcoin, and it's supposed "competition", within traditional financial products that completely eliminate any potential utility and necessarily make them purely speculative?

Like, I don't understand how you even pretend to hold both those views simultaneously and not feel crushing shame from the obvious logical inconsistency...

I have to stop starting my day with financial news from the MSM... It's like a train wreck that I can't stop looking at.

#gm #pv #coffeechain