RATE Group | Why Is Bitcoin So Desperate For An ETF?
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Why Is Bitcoin So Desperate For An ETF?

15 Aug Why Is Bitcoin So Desperate For An ETF?

Posted at 19:06h in Bitcoin News by

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There’s A Sucker Is Born Every Minute (Photo by Dr. Billy Ingram/WireImage)

I miss the days of arguing over the merits of bitcoin and cryptocurrency.  Whether it is scalable or not?  Whether it serves a valid function or not?  Whether it can be a medium of exchange or just a store of value?  Whether anonymity can remain a feature or whether government intervention and custodial activities will change all that.

Right now, virtually every conversation around the next price swing in Bitcoin devolves into a debate about whether or when a Bitcoin ETF will get launched.

There is something so absurd.  That this ?revolutionary” “world-changing'”thing needs to sucker a bunch of people who won’t ever use it for the purposes it was designed to rise, just seems bizarre, at best.

A bitcoin ETF is basically the antithesis of what bitcoin is supposed to be.

It is…

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