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Pedro Gomes
@pedrouid.eth
Anyone who is excited about the Bitcoin ETF should re-think why they even care about crypto at all SEC is not your friend and neither are any of the banks involved in the ETF They donโt want you to own Bitcoin but they want to make sure that they can ๐ https://x.com/watcherguru/status/1745197583780168066?s=46
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yuga.eth
@yuga
Can you explain to me the mechanism by which the existence of Bitcoin ETFs leads to my not being able to own Bitcoin?
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kenny ๐ฉ
@kenny
@yuga said it best tho all they can do is own some Bitcoin, not own the protocol if the banks want to buy my bags they are welcome to, it's a free market
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whit โ๏ธ
@whit
The reason people in crypto are excited about the ETF is not because they want to buy the ETF themselves. Itโs because of its potential to increase mainstream demand for BTC, and therefore the price.
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Demonic Cil
@demoniccil
Many of us are excited because it brings one step closer for mainstream and retails. ETF, we donโt really own that yeah but with this, demand for BTC will go up.
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William
@wwill
Ofc no one cares, that is why ETH went up way more than BTC
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Francesco | andreolf.ethแตแต
@andreolf
+++++
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Toni
@wager
Agree 100%
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Steven Leshinger ๐ฉ
@stevlesh
I agree - the SEC is not my friend, it's my DADDY.
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