Farcaster

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 don’t want you to own Bitcoin but they want to make sure that they can 🙃

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 don’t want you to own Bitcoin but they want to make sure that they can 🙃

https://x.com/watcherguru/status/1745197583780168066?s=46

Many of us are excited because it brings one step closer for mainstream and retails. ETF, we don’t really own that yeah but with this, demand for BTC will go up.

As above, so below.

AI educator. Product manager.

This doesn't influence mainstream adoption directly

Users won't own Bitcoin or create a wallet or use it for payments

It's only adding exposure to some pension programs at best

Unless we view it as marketing tactic to drive more "brand" awareness to Bitcoin

Personally I don't see the benefit at all other than brand awareness

Disney launching NFTs on Polygon is a big win for mainstream adoption

The goal should be for users to be comfortable with blockchain tech regardless of the asset or chain

Self-sovereignty is what needs to be adopted... not Bitcoin asset

Never said it’ll be direct mainstream adoption. It’s a step closer.

And for users to own BTC and create wallet or use for payments, UX have to be infinitely better than now. Also, using for payment needs a lot more than just tech.

For now, a win is a win.