reply on: Jamie Dimon, Who "Hates" Bitcoin, Will Be Broker-Dealer On Bitcoin ETF \ stacker news ~bitcoin

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57 sats \ 8 replies \ @jgbtc 30 Dec 2023 freebie \ on: Jamie Dimon, Who "Hates" Bitcoin, Will Be Broker-Dealer On Bitcoin ETF bitcoin

Now he can sell Bitcoin ETFs on his cocaine boat on the way to Epstein Island.

0 sats \ 7 replies \ @siggy47 OP 30 Dec 2023

It's bad enough having Larry Fink involved with bitcoin. Now this turd? It would be sweet if Epstein revelations take him down. I know it's not a popular opinion, but I hope every ETF application is denied and we all can get back to what's really important: development and ground up adoption.

370 sats \ 2 replies \ @kepford 30 Dec 2023

Despite what many in bitcoin want eventually everyone will use bitcoin.

256 sats \ 1 reply \ @siggy47 OP 30 Dec 2023

I have been thinking a lot about this "what many in bitcoin want" thing. I see myself as a free market guy, and I see bitcoin as freedom money, the whole people can use bitcoin however they want thing, then I get pissed off about etfs, and stablecoins on bitcoin, and ordinals, and I find myself wanting to decide how bitcoin can be used.

128 sats \ 0 replies \ @kepford 30 Dec 2023

Yeah, I hear ya. Here is the deal. All this crap will fall apart along the way.

242 sats \ 3 replies \ @ek 11 Jan

we all can get back to what's really important: development and ground up adoption.

Devs and people pushing ground up adoption don't really care about the ETFs anyway, I think. It's not mutually exclusive :)

ETFs were bound to happen at some point. We're winning on one side (adoption) but losing on the other (scaling).

533 sats \ 2 replies \ @siggy47 OP 11 Jan

Devs and people pushing ground up adoption don't really care about the ETFs anyway, I think. It's not mutually exclusive :)

These Wall Street guys care a lot about the devs, though. They're already throwing money at them on day one. From what I've learned from 40 years buying and selling stocks, they're not spending this money because they're good guys who care about bitcoin. It's just another playtoy for them. This money will come with strings attached, whether they say it or not. Their money will buy them a say in the direction bitcoin takes.

0 sats \ 1 reply \ @ek 11 Jan freebie

This money will come with strings attached, whether they say it or not. Their money will buy them a say in the direction bitcoin takes.

Good points and I agree 100%. I really wonder if we'll see another UASF.

I was a little too late to the party of the last one.