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0 sats \ 3 replies \ @0xbitcoiner OP 10 Mar \ parent \ on: 4% of The Entire Bitcoin Supply is Now Backing US Spot ETFs bitcoin
Yes, paper bitcoin. I don't see any problems at the moment, but I'm one of those people who doesn't underestimate the power of these institutions. We need to be vigilant.
Don’t get me wrong, it will help the Bitcoin network become more valuable. Just remember many of us me included lost paper sats. I staked with Gemini and haven’t gotten those back in 1.5 years so far. Bit to start ETF or no exposure. ETF is likely better than no exposure.
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I see your point. I think Bitcoin is for anyone who wants to use it, but someone having a large share is a situation to be vigilant about.
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Great point, I see yours too!
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