Please share ur thoughts about my article
if u have the time to read it through


Best case scenario. I hope you're right. It would be sweet watching a few fiat institutions get rekt. I'm not going to spend time worrying about it. I'll just keep stacking sats and do my part to aid adoption. It's out of our control anyway.

siggy47

But by that time it may be difficult to control

Other countries like elsalvador may come up with ETF settling with Bitcoin instead of cash settlement and likewise

70% of current bitcoin has not moved last 1 year
That means only a max 30% may be available for centralisation and there will be competition amongst centralised players to gain custody of these centralised bitcoin

Centralised bitcoin ETF with custodian publishing a ledger of holders agains the custodial bitcoin in Blockchain may get more acceptance in the market and many such players may emerge

Finally it will head for short squeeze and all the centralised players having not enough bitcoin in custody will go belly up

bitcoin

Bitcoin ETF to prevent the rise of Gold?

cryptofolyo

But by that time it may be difficult to control

Other countries like elsalvador may come up with ETF settling with Bitcoin instead of cash settlement and likewise

70% of current bitcoin has not moved last 1 year
That means only a max 30% may be available for centralisation and there will be competition amongst centralised players to gain custody of these centralised bitcoin

Centralised bitcoin ETF with custodian publishing a ledger of holders agains the custodial bitcoin in Blockchain may get more acceptance in the market and many such players may emerge 

Finally it will head for short squeeze and all the centralised players having not enough bitcoin in custody will go belly up
