thebitcoinway on Nostr: #bitcoin ETFs 👇 - You introduce unnecessary counterparty risk - You don't actually ...
#bitcoin ETFs 👇
- You introduce unnecessary counterparty risk
- You don't actually own any Bitcoin
- You can't transact with it
- You have zero privacy
- Ongoing fees = your stack gets smaller over time
Suggesting ETF shares are superior to Bitcoin in self-custody is ridiculous
Published at
2025-01-10 15:47:40Event JSON
{
"id": "7b9e9bbc8d2d93f47482a288058f5d1f4706bf6f0190a3ed9669a20cc6fd15e3",
"pubkey": "f8e51fc216c8a8507347651219f07e22ef9f4299a8319fe3f7ee97a194140811",
"created_at": 1736524060,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "#bitcoin ETFs 👇 \n\n- You introduce unnecessary counterparty risk \n- You don't actually own any Bitcoin\n- You can't transact with it \n- You have zero privacy\n- Ongoing fees = your stack gets smaller over time\n\nSuggesting ETF shares are superior to Bitcoin in self-custody is ridiculous\nhttps://m.primal.net/Nagg.jpg",
"sig": "7846ec80b48311f5262dcc13992ebce90e699a9714d6e6ea2584153198ac0037727e9ea288fb85e0f105b4bb3d000c50a97120ab57847a75c6585c4a651953bc"
}
