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2024-03-23 11:36:50

theothermichaeljordan on Nostr: If you’re buying a #BitcoinETF, it means you think the value of Bitcoin is going ...

If you’re buying a #BitcoinETF, it means you think the value of Bitcoin is going up.

If you think it’s going up “just because,” ok. That’s a lazy reason, but buy the ETF.

But if you think it’s going up because it is a digital property that will be replacing value in stocks, bonds, real estate, etc. as the world shifts toward a Bitcoin standard, then an ETF doesn’t make any sense.

You’re betting on a new system and simultaneously putting your money on the old one.
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