Oddbean new post about login | logout The people who push #Bitcoin ETFs are enemies of #Bitcoin and freedom, regardless of their intentions.
Everything is good for bitcoin.
#Bitcoin ETFs are good for fiat money. We should find a way to hold #Bitcoin, instead of Bitcoin ETFs.
What incentives will motivate people to learn how to hold #bitcoin?
I agree that fiat denominated price can be the one for someone, but I don't think that it means that #Bitcoin ETFs are good for #Bitcoin.
If it grows the brain share of #bitcoin, its good for bitcoin. Bitcoin is anti-fragile. Bad things are good for bitcoin.
Yes but good for bitcoin doesn't mean good for all of us. If Blackrock is able to buy up a majority of the coins they would have some ability to control the outcome. HODL like your life depends in it...because it does
BalckRock cannot buy the majority of coins. The coins are already distributed out. The value perception shifts when they start to try and buy them all. Demand rises. They won’t be the only demand. People will chase the gains and get rekt. All of this is good for bitcoin and for anyone using bitcoin.
The pump and dumps will continue until morale improves
Total BS..👎
Great takedown. This is NOSTR. We can have long form nuanced replies. Do better.
What the hell did you just say lol..,👺🍆👎😆🤭
It's not your place to incentivize them to hold Bitcoin. Your job is to educate them. Then let them decide what they think is best for them..😊
Education creates the incentive. If I educate, I incentivize. If you didn't learn the benefit of bitcoin, you would not be incentivized to hodl
Not exactly. We have to get rid of #transaction #fees ASAP. Bitcoin doesn't need them. Unless y'all just like taking it up the #ass..👺🍆🤭
They're here to stay. Why do you think it should be free to move value around?
Regardless of my stance on ETFs, i think ETFs are going to be accepted by SEC. So, what I can do now is just hodl.
HODL🔥🔥🔥
Bitcoin belongs to us, and we can do whatever we want with OUR! #BITCOIN..😊