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nostr:npub1heqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysdkkx28 dangerous rehypothecation incoming into the UK

What a condescending language hidden in their text!

Though I didn’t quite grasp their rehypothecation process. It’s gonna be through issuing paper crypto assets?

What you're saying is they're trying to fiatize crypto 🤣🤣🤣

I'll take "these dumb fucks will never get it" for 1000, Alex.

Some of us are dumb f**ks

Poor bastard.

They're celebrating on X 🥹

I posted the ETN summary, I can do no more 🥹

There’s me thinking they might be the UK’s equivalent of ETFs 🙄 But no, literally backed by nothing.

YES

In clearer terms, ETNs are backed by nothing!

Exchange Traded Nothing!

Yes, this 👆

YES

got to fund the war machine anyway possible

Bitcoin printer go brrrrrrrrrrrrrrrr

I just learned, thanks to nostr:nprofile1qqswswmx4rkj6d7q05dtafhpkqq2z42fc62s37jvtp642m2jkpfxc2cpzamhxue69uhkummjw35hxtnwdaehgu339e3k7mgpz4mhxue69uhks6tnwshxummnw3ezumrpdejq07q8g0 , that ETNs are like ETF, just that they are backed by nothing!

Beautiful, innit?

nevent1qqswwzh2kklrna9d022zr0eyrm3dv770pg5xu3dh975e3h97tvd3uscpndmhxue69uhkummn9ekx7mp0y5erqamnwvaz7tmwdaehgu3wd3skuep0y5erqffjxpshvct5v9ez2v3swaehxw309ahx7um5wgh8w6twv5hj2v3sy5erqctkv96xzu39xgc8wumn8ghj7ur4wfcxcetjv4kxz7fwvdhk6te9xgc8wumn8ghj7un9d3shjtnyv9kh2uewd9hj7ffjxpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9u2t7jrz