Replying to Avatar Lyn Alden

To be honest, I think the bitcoin ETF is the most boring thing about bitcoin right now. Whenever I get asked about it I'm like, "meh".

Yes, the ETF should be good for price and liquidity, since it gives large pools of walled-garden capital more access to bitcoin exposure.

But in my view, the most important thing about bitcoin right now is all of the little hubs popping up around the world. Bitcoin Beach, Bitcoin Lake, Bitcoin Jungle, Bitcoin Ekasi, Africa Bitcoin Conference, Indonesia Bitcoin Conference, etc. As well wallets and other technologies that help them localize their custody of bitcoin rather than keep it all stashed in the giant Binance honeypot or wherever, and any solutions that help link to them all together for payments or that help them trade peer to peer or onboard from fiat to bitcoin in distributed ways.

The rise and connectivity of those hubs is impressive and is worth supporting.
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jack 2y ago 💬 3

💯! nostr:note1sug3xlz5w9dgprvdqrd244fxr63acqdnu823gp5edpqwzdq6y3hqa6ftjw

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humble 2y ago

e^2

exposure

education

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Isioma 2y ago

Accessibility is so important!

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davesoma 1y ago

Bitcoin ETFs will bring the liquidity required by wealthy and tech-savvy individuals to escape the fiscal trap.

The plebs will purchase the assets managed by banks, which will manipulate the price.

On the other side, the Godlike kings will continue to tax the harvest of the Volga as usual, selling them the dream of protection and social welfare, much as the priest sells a piece of Paradise or pensions fund.

History just rhymes.

Stay humble and stack sats in a self-custodial wallet.

This is a once-in-a-generation opportunity for the plebs to gain some yards.