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Correct, in fact they entrench the existing system. There are tradeoffs, they will bring new people, who otherwise will not own bitcoin, and they will cause forced buying among institutional investors which will allow Bitcoin's NGU to get more attention and bring more people in. It is our job to teach those people so when they inevitably get rugged they know how to course correct. It's a long war. We are winning.
Totally! ETF's and a mixed bag and a 2 sided coin. Pun intended! IMO it shouldn't replace holding yourself... but is a good on ramp but total newbs and exposure.
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Yes. Use sparingly and with assumption of risk. NYKNYC!!!!!!!!!
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Not your keys?
Not your cheese!
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Custody is trash
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Yes. Self custody is best
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