100%
Wish more bitcoiners would dig deeper into the concept of Use Cases and Job-To-Be-Done.
It's a big world out there and many people are in many different situations with different constraints that need different approaches.
I think the underlying fear many are reacting to is that the ETF will subvert the use case for holding your own keys and put the fundamental decentralization and censorship-resistance of bitcoin at risk.
This is a good thing to always be concerned about, and we should remain vigilant. But the ETF will grow an entirely new crop of BTC maximalists, who will help maintain that vigilance.
And exposure to BTC, while surely getting some rekt, will save many many more from financial destitution with money that cannot otherwise be used to hold their own keys.
BTCminstrel / BTC Minstrel
npub12e…yafkm
2024-01-12 15:00:30
in reply to nevent1q…86a2
Author Public Key
npub12ezcwnc736grnfgxsxy4ea9tj5n60xl5pp59c7d82gfec80qmfrqayafkmPublished at
2024-01-12 15:00:30Event JSON
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"content": "100%\n\nWish more bitcoiners would dig deeper into the concept of Use Cases and Job-To-Be-Done.\n\nIt's a big world out there and many people are in many different situations with different constraints that need different approaches.\n\nI think the underlying fear many are reacting to is that the ETF will subvert the use case for holding your own keys and put the fundamental decentralization and censorship-resistance of bitcoin at risk.\n\nThis is a good thing to always be concerned about, and we should remain vigilant. But the ETF will grow an entirely new crop of BTC maximalists, who will help maintain that vigilance.\n\nAnd exposure to BTC, while surely getting some rekt, will save many many more from financial destitution with money that cannot otherwise be used to hold their own keys.",
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