People on DedBird suggesting ETF and "Ban Bitcoin" are at cross-purposes.
Short-term, Maybe.
Long-term, "it sure was nice for normies to collect their paper claims into the UTXOs of a handful of companies for us." -Uncle Sam.
(Also a possibility.)
People on DedBird suggesting ETF and "Ban Bitcoin" are at cross-purposes.
Short-term, Maybe.
Long-term, "it sure was nice for normies to collect their paper claims into the UTXOs of a handful of companies for us." -Uncle Sam.
(Also a possibility.)
If, long term, there is a 6102 type event, and the ETF has enjoyed broad success then holders of paper Bitcoin and the institutions that hold the keys become the low hanging fruit.
At the very least it may buy plebs time to assess and consider their options.
