Why Nostr? What is Njump?
2024-09-22 11:29:21
in reply to

aivii on Nostr: I'm not sure about the assertion regarding paper ETF. While it becomes increasingly ...

I'm not sure about the assertion regarding paper ETF.

While it becomes increasingly hard to assess collateral value in traditional finance, with Bitcoin it's very easy as the verified information is public in the blockchain. There's a perpetual audit going every 10 minutes on average; that's the consensus.

Bad actors we've known a few. ETF mismanagement, if it is to occur, will be just another version of mismanaged funds (mtgox, terra, FTX etc).

Nothing new.
Author Public Key
npub1md2q6fexrtmd5hx9gw2p5640vg662sjlpxyz3tdmu4j4g8hhkm6scn6hx3