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Jose Sammut
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Motorsports, Martial Arts, Self-Improvement // #Malta 🀍β™₯️ //

It's not a long book but it's quite heavy. Lots of food for thought. So take it easy. ☺

They are not mutually exclusive. Commodities are a subset of Securities. ETFs are considered securities because they are financial instruments that derive their value from the underlying commodity. These securities are subject to SEC regulation.

I'm not saying the process isn't corrupt. And I'm not saying they won't cave. I think the biggest holdup initially was that it was just Grayscale, and it would have left them defacto monopolising a relatively small market. I would hope the SEC gives everyone the green light at the same time, and lets them compete to give out the best product.

When inflation is high, saving is futile, so people balance income and expenses. Either by overconsuming or by underproducing.

I'll read the article later, maybe I learn some shit.

Fiat mines again...