0 sats \ 1 reply \ @TwoLargePizzas 15 Jul \ parent \ on: What would change your conviction in bitcoin? bitcoin
Wouldn't they just sell their GovCoin and buy more Bitcoin?
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100 sats \ 0 replies \ @oomahq 15 Jul
In a situation like that only sovereign bitcoin holders would be able to do that. The millions of ETF holders would have their choice made for them, and likely to do the opposite.
This is actually in the terms and conditions of all the ETFs, in case of a fork they all reserved the right to decide which chain "is bitcoin" on behalf of their customers.
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