You cannot capture bitcoin by holding bitcoin, therefore it is impossible for "the government to capture bitcoin through an ETF". This is why bitcoin is proof of work, and not proof of stake.
The same cannot be said of the ETH ETF of course, that's already been captured.
BitcoinStu
npub1ua…dx9cn
2024-06-01 03:55:02
in reply to nevent1q…auh3
Author Public Key
npub1uavkq2z6vqczd772ple0p0k44ncjcxv5lg4sq6r069aagvra47uq2dx9cnPublished at
2024-06-01 03:55:02Event JSON
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"created_at": 1717214102,
"kind": 1,
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"content": "You cannot capture bitcoin by holding bitcoin, therefore it is impossible for \"the government to capture bitcoin through an ETF\". This is why bitcoin is proof of work, and not proof of stake.\n\nThe same cannot be said of the ETH ETF of course, that's already been captured.",
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}