91 sats \ 5 replies \ @grayruby 28 Jul \ on: Can This Happen To Bitcoin? econ
In the short term it can. I would like to see the etf issuers move their holdings between custodians quarterly to prove they have what they say they have. I am open to the idea we are already seeing funny business going on. We know paper futures contracts settled only in fiat can manipulate the price until the time comes when contract buyers demand the bitcoin instead of fiat.
I'm still waiting for gold investors to demand delivery. That's the beauty of bitcoin. No big trucks and ships to unload.
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It's also a great time for LN swaps