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0 sats \ 3 replies \ @piecover OP 8 Mar 2024 \ parent \ on: Does the Bitcoin ETF strengthen Fiat? I think so here is why econ
I agree with that too, I never said it's not good for Bitcoin it benefits both
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3 sats \ 2 replies \ @kepford 8 Mar 2024
Fair you didn't say that. But I disagree with you that it is good for the dollar. At best it is neutral.
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0 sats \ 0 replies \ @piecover OP 8 Mar 2024
The ETF will not give you BTC when you want to redeem it but worthless usd
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0 sats \ 0 replies \ @piecover OP 8 Mar 2024
In what currency is your ETF denominated? My point is not that it's saving the dollar from collapsing but it make it more relevant, just like tether makes the usd more relevant in a world stage. My 2 sats
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