ETFs are designed to be "rug pulled", don't fall for it....

Grifters gonna grift. Since this is human nature and most of people never learn from History, there will be scams forever. Bitcoin being a pristine asset, many will try to take advantage from its success, just like the suits from Wall Street. There will be victims of course. The beautiful thing is that no matter how hard they try, they will never be able to manipulate Bitcoin itself, only the people around it. They can try of course, but it will be fun how they miserably fail.

I think you are probably right in terms of BTC. I sure hope that Mt. Gox is the biggest ever. I think more rug pulls are to come as more naive new-coiners come in. I don't think the first ETFs will do rug pulls. I suspect the governments will be the ones pulling rugs because of incentives. The financial institutions make their money on fees, its not that I trust them. I trust their greed and incentives. But, more custodians will come and go and many will likely pull the rugs. This will lead to people getting burned and learning... slowly. All you have to do is keep your head up and observe to see that the average man has to learn lessons the hard way.

Depends how you define large. In dollar terms they will keep getting larger. In BTC terms they will keep getting smaller.

I also think what happens to the BTC after the rug pull will change. Presumably a lot of the stolen BTC in the past eventually ends up back on the market again, either by the criminals selling it or the government selling it after seizure.

In the future, I suspect the criminals will more more inclined to keep the BTC for themselves and the more sophisticated criminals (i.e. banks and governments) will be able to keep the stolen BTC "legally".

But that's just my random thoughts. All speculation.

Mt Gox…SBF and FTX

not your keys. not your coins.

keep touching the stove plebs @ODELL

If normies are actually forced by dystopian shit being realized to adopt bitcoin reactively, they gonna get fucked so hard.

There might not be a worse one in present value, but Bitcoin was worth so much less at the time that the pain was much less.

I don't like the ETF. Last year many people learned the "not your keys, not your coins". There will always be new people that need to learn about it the hard way.

If you hold your own keys, before or after rugs don't matter.