"#Bitcoin is an insurance policy against two things: the confiscation of wealth, either directly or by inflation. What is Bitcoin a hedge against? It's a hedge against counterparty risk. We won't have a repeat of 2008 with bitcoin." Cathie Wood https://youtu.be/-6FKa7fzCvM?si=l7R4fSG5UHhY9vyK
Cathy 🪵 is right. However, when you buy her or any of the other #Bitcoin ETFs you are still subject to confiscation and counter-party risk, so make sure to own the real thing.