Gm If you buy Bitcoin ETF you are dead to me
gm also wat mean? https://i.nostr.build/mkk7.jpg
Gm
GM, buy ETF?? With what? I heard they only take cash.
The whole in kind vs cash is a new concept to me since I don't follow ETFs in general. So does this mean that you can't go to them and exchange bitcoin for shares of the ETF? If someone were to want to do that?
Yap, gotta sell real corn for fake cash to buy fake corn
This probably is because of KYC. The government probably doesn't want no-KYC coins in the ETF for tracking purposes. I could be wrong.
In Canada, you can hold it in a registered account. Rsp, tfsa, and resp. If held in a tfsa there aren’t any taxable capital gains. It has some advantages for people.
Sir this is how you become dead to him.
Giving Bitcoin to big institutions to hold in an account you can't use without government permission... Kill me pls 🙏
😂 It’s good for high net individuals who trade. Have your forever money in cold storage and your play money in a tfsa. Win, win.
Sadly I lost all my money in a tragic ledger hack so won't be able to pay those gains after all dag nabbit
gm
Agreed
If you don't pour your 401k into it there's no other way to have a Bitcoin 401k... or am I missing anything?
It's still not a bitcoin 401k all you've done is given blackrock real Bitcoin in exchange for some fake paper in a fake account ngmi and the government pinky swears you can have it in 30 years
gm
I’m fine with that. 😉
I know a lot of dead people walking!
Instructions unclear, my 401K has been almost all GBTC for many years.
Change from 401k to BTC in 2016 📈 fuck paper 📝 #Bitcoin