Right. To put things in their proper perspective THEY want YOU to either trade your #USD or your #Bitcoin for a claim on a trust that holds a pro rata amount of #BTC held in custody by ONE (1) entity so THEY can (i) earn fees on the #ETF, (ii) earn through re re re hypothecation and, (iii) make additional markets in a theoretically unlimited number of claims on claims on claims to shares of those trusts and on #Bitcoin itself.
I’m still not off the ledge
TargetInflation / JSON Meyers
npub1j2…56hms
2023-12-09 17:02:17
in reply to nevent1q…0jxr
Author Public Key
npub1j2cw25ns44recx5ehpaqg6qk2vmhtqq4zp0q9ygl4qz722kqxv3qc56hmsPublished at
2023-12-09 17:02:17Event JSON
{
"id": "d2e010385f5ae19897342d836cbdbaf231f825059ce6b204d148e40bd7f90342",
"pubkey": "92b0e55270ad479c1a99b87a0468165337758015105e02911fa805e52ac03322",
"created_at": 1702141337,
"kind": 1,
"tags": [
[
"e",
"52bb00f41a7d92d374eebe9ab3b33da157919139ba3d09f3a8fc27e56485edc7",
""
],
[
"e",
"da456d038e6dc5bc4f5bb7eea59e1787ce7932ed96375367829c3bc694aea020"
],
[
"p",
"9b9320c01993a1307967c7c93dd8094f36e4017c560fd6d7dc6a03ee41f7bfe7"
],
[
"t",
"usd"
],
[
"t",
"bitcoin"
],
[
"t",
"btc"
],
[
"t",
"etf"
],
[
"t",
"bitcoin"
]
],
"content": "Right. To put things in their proper perspective THEY want YOU to either trade your #USD or your #Bitcoin for a claim on a trust that holds a pro rata amount of #BTC held in custody by ONE (1) entity so THEY can (i) earn fees on the #ETF, (ii) earn through re re re hypothecation and, (iii) make additional markets in a theoretically unlimited number of claims on claims on claims to shares of those trusts and on #Bitcoin itself.\n\nI’m still not off the ledge",
"sig": "b59989a9d9913a2e50e65c882da9e823bf83fd1dd0ac32b4f8eb553375eb66a0fac7572ccce967656733a6855b1da682cd581aaf10e61a231755adfdc70d8665"
}