Oddbean new post about login | logout Is it bad that I love this, we have a wall street corporation basically showing proof of funds. There is still rug risk and you should hold your own keys but this is better than "trust me bro" https://m.primal.net/HZCK.png
LOL legacy address !
Yeah single sig legacy address I think? They got work to do but they it's a start
It seems Blackrock and Fidelity are going to dominate the ETF market, is there room for more than two bitcoin ETFs?
I don't know enough to say but from the outside 12k BTC seems like a lot
Bitwise is going hard in the paint... promising to fund bitcoin core devs with profits, and showing on-chain reserves! Definitely appeals to the bitcoiner crowd, but I self custody, and idk if ETF holders care... I think they're more brand whores for big names like Blackrock
Reasonable take
Did you catch any sub $40k sats with that bonus of yours? I ending up DCAing most of my funds, but got a little chunk of that dip.
Agreed. This is a great direction. So many people yelling “HOW DO WE KNOW?” And then saying “WE STILL DONT KNOW FOR SURE” after they posted this haha.
Yeah, I think the level headed take is this is better than pure trust me but far from as good as self custody. There's a gradient of risk that people won't acknowledge
If nothing else, we get BlackRock etc fighting legal battles for Bitcoin 😂 https://x.com/hrtlndbitcoin/status/1750352264722608582?s=46&t=vfy5kTM5lO2vEyOcq10FKw
But politics don’t matter? Blackrock doesn’t matter? Remember
Not bad at all. Its beautiful. Not perfect but absolutely the right mindset for the BTC space. Welcome to the game Bitwise. Nicely played. Your move Fidelity & Blackrock.
Fidelity should follow. I’ve been impressed by the competition between these products so far.
Fee wars haven’t even really started yet. Wait till Barry & GBTC drop to the lowest rate in a few months to pull back in all the outflows today. Annnnnnnnnd away we go.
wat if SEC told Barry you can't lower fee as part of approval so others can feed off the sales and stack for cheap
Until xyz happens most likely (20% draw down etc) But that whole narrative is not true IMO. Side deals like that are very unlikely. Barry would sue or go public with it as it’s anticompetitive.
I won't pretend to know the inside dealings but I will be stacking 🤣 https://image.nostr.build/292f5289e494742f9994d91858fdeddd6f02cb56447fac977e8179428f7cb702.jpg#m=image%2Fjpeg&dim=1008x1042&blurhash=%7CE9%3Dmjt7%7DFS2EfWB5%2B%23-J7J7WpSfsosooLsVS2ayS2wyS2oLW%3BSfoLS2sUsoNuoLWpWpsoSLsVWVaybHoLbHoLa%7CjZn%25ayAWN%5DJlW%3Bsoo1wxayn%25Efn%25NufkoLW%3Bw%7BWVsUEzwdNusow%7BW%3Bw%7BSfso%246%23.sAo1W%3BSgSgW%3BbH&x=009241e494022bca19ff986dad1bd5cf84766d113869bb5ccc82f491308d33e0
Nice! nostr:nevent1qqspcy0a4wcsqesz7fc9cyen2j8jjge06xptcykv0pdznpkwc5p2knqpp4mhxue69uhkummn9ekx7mqzyr6d39mezjxv6fzu34gfzj3gfltzm97tp7mgk7t6wrey59et2gkmjqcyqqqqqqgn6svtj
