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5 sats \ 0 replies \ @SwearyDoctor 22 Dec 2023 \ on: Crypto exchanges after ETF approval crypto
nah. the degens will degen, the ETF won't magically convert them.
and then, the ETF will convert at least a small percentage to bitcoiners, once they learn the ropes. The way to self-custody for the average converted normie goes through CEXs. The rest is way further down the rabbit hole,
And this is fine. You have to pick people up where they are, there's no instant teleport from normie to 100. This is the path.