What do? You front run Blackrock like any intelligent investor. Let them buy the table scraps. HFSP. Don't forget to say "I told you so" when Uncle Sam rugs the ETFs.

On a more serious note, keep going. Orange pill everyone you can but don't get too invested in any one person. Find the fence-sitters and nudge them in the right direction. Maximize your efforts. Stay on your grind. 🤙

Reply to this note

Please Login to reply.

Discussion

why? that would just drive up the price for myself?

Maybe I was unclear. Buy bitcoin now to front run Blackrock. Once the ETFs are approved there will be a gold rush of institutional money. The family you mention will have to pay a much higher price. Your impact on the price is negligible (assuming you are not a billionaire lol).

they won’t buy until ETF, it’s not about censorship resistant money for them, they just want the tax benefit

Are you American? That's what bitcoin IRA products are for. Send them here https://welcome.swanbitcoin.com for the basics and here https://www.swanbitcoin.com/bitcoin-ira when they start to get it.

Swan is my employer but Unchained has a similar product, probably others. You can also go the DIY route and set up a self directed IRA manually. This has been possible since before the genesis block. https://blog.lopp.net/how-to-invest-in-bitcoin-within-a-tax-advantaged-retirement-account/

If they can get it done before ETF approval they should see massive gainz. It is obviously a risky strategy, must have conviction.