Why Nostr? What is Njump?
2023-12-30 23:40:09

sms on Nostr: The potential amount of demand the spot #Bitcoin ETF will bring is not guaranteed, ...

The potential amount of demand the spot #Bitcoin ETF will bring is not guaranteed, but it also isn’t capped. As long as you hold your own keys this will benefit you.

Even though it’s not the best step, it is still a step towards #Bitcoin fixing the money, then fixing the world.

Everyone applying for an ETF knows the demand for and price of #Bitcoin will increase, but there’s no telling who will benefit the most.

PrETF Bitcoiners will front run ETFs, but the ETFs want to front run the halving, maybe because they want credit, maybe because they like cheap sats.

The ETFs will be using real #BTC, but since they won’t be in-kind ETFs, you won’t be able to exchange shares for #Bitcoin or vice versa.

I’m bullish on the ETFs, but not for myself.

We aren’t the target audience? We never were the target audience.

We don’t need an ETF, everyone else THINKS they do.

The #Bitcoin investment ecosystem is flourishing, even within there is no second best.

Stack spot #Bitcoin and practice self custody, or you will leave yourself open to getting stiffed.

We all want mainstream adoption, but no one person or group gets to decide what path we take to get there, it’s frustrating and beautiful all in the same, and we are still on our way.
Author Public Key
npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7