pull down to refresh
242 sats \ 3 replies \ @ek 11 Jan \ parent \ on: Jamie Dimon, Who "Hates" Bitcoin, Will Be Broker-Dealer On Bitcoin ETF bitcoin
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).
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.
reply
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.