Oddbean new post about login | logout I also explained what ETFs were and why they were material and that they would get approved and lead to more demand, and he was basically like an orange piller and was like, but what if they don’t get approved? What if the gov stops it? Lolol. God everyone is so predictable
The government wants it as an ETF. They know they can't stop it. Their best hope is for people to see Bitcoin as a rare shiny rock, not money. The ETF, to me, was always an inevitable memetic counter attack.
Yeah ETFs were obvious I was just shocked it took this long. They had to shake out the frauds first I guess. It’s all good. Ppl are idiots.
I was on an evangelistic spree talking to people about bitcoin for a couple years, then nobody listened…( I think I got one pretty humble guy on board, he’ll text me every now and then about it). Everybody else just sold to pay bills lol. I’m done. Figure it out. I won’t even talk about it anymore. Some of my family has gotten it and questions come up every now and then. But that’s about it. I agree that it’s hard. that difficultly can be reduced through knowledge…. Still hard though.
It’s a lot easier now with Larry fink shilling it lol but yes I’m done too. I tried my best . At least I got my dad in, his cost basis is $10k and he still hates it lol but that will be my corn when he passes