Well, well, well.  

 Lol. 1% going to be 0.5% pretty soon 

 Pure stress 

 Fractional reserve insurance 

 Is Coinbase currently the largest honey pot/high risk enviroment in existence? Sounds like it... 

 nice positioning for a government (tax payer) bailout. then etf holders get that newly extra-inflated usd when they get upset and cash out of coinbase. gov gets to seize bitcoin (maybe fork it) and gets to crush the "independent thinking" middle class financially and scare them back to tradfi, and gets to enact more invasive financial privacy laws, maybe even some politicians get their cbdc passed. 

meanwhile, today, bitcoin bull Gensler is on a primetime tv tour pretending like they don't want any of it 😂 

 This can’t be true. Although insurance is a racket & scam so does it really matter. 

 Whats fiat insurance going to do when bitcoin is lost? You can print more fiat, but it will never get you back your bitcoin 

 This seems…bad. 

 smh 

 what the fuck lmao

Why even gamble with an ETF at this point, when there's no incentive to participate compared to holding ACTUAL Bitcoin? 

 Based 

 This will end badly