25 sats \ 0 replies \ @sagars209 14 Aug \ on: ETFs- a Sly Strategy to Capture & Control the Protocol, or Can We Trust Them? bitcoin
My hope is eventually the price parity between the ETFs and actual Bitcoins will break and BTF ETFs like everything will trend to 0 against the bearer asset bitcoin!! that will take sometime but will happen eventually. Now you may ask how? well i don't know but there are many ways how it can happen 1. ETF owners will eventually ask the question why Bitcoin is going up forever ? and they would come to the realization that ETFs are just an IOU and not the real thing and it makes sense to hodl the real thing. 2. Coinbase / other custodians might get hacked and lose some of the coins which will be an eye opener for the ETF holders