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The main robber you will likely have to worry about is the state. In an ETF you are handing your corn to them on a silver plate.
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It also gives us all plausible deniability of direct ownership, without even using the ETF.
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• Have 1 BTC worth of bitcoin in an ETF
• Robber comes to your house and puts your thumb in garden shears
• Robber says "give me your bitcoin"
• Say "call Larry Fink bro, it's in a brokerage sitting next to my TSLA stock"