Look, it's inevitable. It was always going to be inevitable. But Bitcoin doesn't care, and neither do Bitcoiners. We'll keep stackin sats and educating the world on sound money. The ETF will at least lend an opportunity for that conversation to arise with millions of noobs. Not all of them will accept it, but some will. Others will come around in the long run, others never will. Eventually, no one will have a choice, as the dollar fades away into complete and total irrelevance. At the end of the day, it's better to have the chance to orange pill normies than not. Especially if the likes of Blackrock are in fact (and this is debatable) orange-pilled themselves. If so, this lends a ton of credibility to Bitcoin for the normies. Again, I'll take that over not having it any day.

Any adoption is good imo. I would dare to say that most of us did not understand "not your keys, not your crypto" at the beginning but it took time, maybe even years. With more adoption of any kind, more people will understand the value and purpose of bitcoin over time. Lower your time preference!

Also: first adopters were criminalized criminals which was good since if criminals use something, you can be sure it's worth something. And now it's legitimized criminals, lol. Not much difference to me.

Yes, price manipulation etc. etc. but in the end, this is the path of bitcoin that was clear from the beginning, no? It's meant to be a global monetary network. So why are we now against major institutional adoption? Did we really think global adoption would happen without institutions?

NYKNYC Not Your Keys, Not Your Cheese

well, its as bad as steroids.. for a while you get all big, but one day you will come back down again.. So, it will seam good for price for a while