/biz/ - Business & Finance

>>55999268
BTC is already spot, you just need to keep your fucking private keys
A spot ETF unironically means going backward, cause you introduce unnecessary third party risks

>shitter advertising
Gtfo and delete your op

>>55999268
>ITS ELECTRONIC GOLD!!1!!!

Boomers will invest in BTC ETF like
>you young people don't know what a real investment is. Why didn't you get into crypto early like me?
When they laughed at you for buying in 2018

>>55999357
>We
Leave faggot. Go back to your advertising platform on shitter

>>55999339
>>55999344
its amazing how late people are to alts they keep losing money on but how early people still are to bitcoin. nobody even knows what it is.

>>55999366
stfu and kys nigger

Low IQ take. You literally couldn't buy non-physical gold back then, but you can just buy fucking Bitcoin since 2009

>>55999334
Ik we like to pump our bags but anon is right lol, Gold ETF was big deal because it solved problem of safe custody now remind me what problem BTC solves

>>55999384
Are you a stinking bot or just the usual crapto retard with no reading comprehension

>>55999412
bitcoin isn't one of your going to zero alts, brown. you literally can't "shill" it.

>>55999430
It is. There is no demand, no use case and it's totally ponzified and dependent on low interest rates, cheap money for it to go line up, because that is everything the average crypto tard cares for, more dollar. Not the use of crapto

>>55999268

I mean the fact gold was trading at $15 an ounce 100 years ago would make you hesitant to put too much into it unless it retested that level then you'd fucking load up kek

I'm going to take a huge shit,not sure were you are going anons

>>55999404
It makes it easy for boomer tier retards to invest in crypto. You have no idea how fucking retarded normies are.
>My keys!? What keys!?
>A wallet? Like the one in my pocket
When all they want to be able to say is
>Ya, I bought some Bitcoin through my IRA :^)
This removes the small barrier between normies and Bitcoin. Enjoy the flood of retard money.

>>55999268
15 trillion dollars coming in as I told b4...

>>55999446
the other anon is right, you're a literal newfag, if bitcoin is of no use to you that is an indication of how retarded you are

>>55999446
most of these craptards have been washed out through last year and a half, it always happens like this
those who have not sold certainly don't measure their goals only in dollars, as these are going to shitter too

>>55999334
nah
most people are not capable of managing keys

>>55999268
>Most people
Every single normie who bought in 2021 thinks a spot etf will pump BTC to a new ath. This is a good example of trying to scam midwits by telling them what they believe is some secret knowledge. I do the same thing with boomers. Just tell them the mainstream media isnt talking about X and they are all ears.

>>55999268
These ETFs are basically the digitization of the assets, making them a lot more accessible and liquid.
A BTC ETC will make it more accessible for certain entities, but the effect won't be as strong as with gold.

>>55999387
anime to tranny pipeline

What if they are just trying to privatize bitcoin?
at the same time
> muh spot ETFs, blackrock etc
> banks cockblocking transfers to exchanges for your (((protection)))

>>55999334
>>56000264
exactly this. you need a 110 IQ and a bachelor in IT to safely manage private keys. its more so about safely using a computer but yeah same thing. and indeed 70pct of people are not fit for it

>>56001959
Just download codex32 and learn shamir secrets

https://secretcodex32.com/

Easy paper computer

>>55999268
>Few understand where we're going.
Below 25k?

>>55999404
BTC also had the iq hurdle, people dont know how to manage private keys coins and will gladly pay to outsource the problem to someone else. Handling both gold and BTC are headaches, just for different reasons.

This is bullish af.

>>55999268
>understand where we're going
It's one thing to store 1000KG of physical gold and another thing to have BTC on a fucking piece of paper.

>>56002914
Wait until some retard roastie intern spills the seed phrase to the black rock wallet. It’ll be the funniest thing in the history of crypto.

>>55999344
lol you're never going to make it.

>>56002994
A former Coinbase employee said they have pieces of paper and a single employee that controls them

>ETF
>Halvening
>4844
>Presidential Election
>Money Printer will Brrr
>More Zoomers less Boomers every day
>Countries overtly looking at USD alternatives

I can't predict the weather, but I can tell which way the wind is blowing.

capicha GGNOREOK

>>55999404
>it solved problem of safe custody
If you can't keep a private key safe then you can't keep the credentials to your brokerage safe either.
Stop being retarded for like five seconds please.

>>55999268
we're going to 8k first, retard

>>56003320
>going to 8k first
will you be releasing another plague?

>>56002994
Nothing will be bigger than QANX private blockchain launch in a couple of days from now. Dive in and check things out chad.

>>56003307
Wait until A.I. hacks these boomers and private keys become the ONLY safe way to store anything.

>>55999394
I had one hell of a time buying BTC in 2011-ish when I wanted to buy drugs. It was unironically easier a couple years later.

Also, cash is trash
https://youtu.be/h9n5qvY3I7g?si=bxr24fErrs68fePi

>>55999268
>>56000000

>>55999384
Well said

>>55999268
>xrp etf instead
WTF NOOOO NOT LIKE THIS

>>55999268 >>56003014 >>56003074 >>56003320
https://medium.com/hackernoon/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
https://www.sec.gov/news/press-release/2016-252
https://clsbluesky.law.columbia.edu/2023/03/01/using-etfs-to-conceal-insider-trading/
https://www.cnbc.com/2021/12/17/jpmorgan-agrees-to-125-million-fine-for-letting-employees-use-whatsapp-to-evade-regulators.html

>>55999268
we are so early

>>55999384
>Early to BTC
>After it was blasted on cnn and the ultimate rich normie Elon musk bought and sold
Keklmao

>>56002840
like i am ever going to download your virus infested link you idiot bot shill

>>55999344
Yes, calling bitcoin electronic gold is stupid. Bitcoin is much better than gold.

>>55999344
i feel genuinely bad for you. i literally pressed a couple of buttons 6 years ago and have been living like an aristocrat ever since

>>56005525
>we are so early - anon 2023
>we are so early - anon 2018
>we are so early - anon 2014
FFS, I'll be hearing that in 2030

>>55999357

>>55999446
no demand is the most retarded take ever. If you want to buy something illegal online u use btc. This demand has been there since the beginning of btc and kept the coin alive in the beginning

>>56007943
kek

>>55999334
>A spot ETF unironically means going backward
it will bring institutions onboard. otherwise someone at the institution needs to be trusted with the keys. It still conquers fiat, as the underlying asset remains finite, and individuals can hold their own keys if they wish. it's not backward at all

>>56003788
I consolidated all my bnb shitcoins into it over the course of spring and summer, we're gonna make it bro

>>56008336
it's not about key management
it's about morons lending and borrowing BTC for dollars
what could go wrong creating a BlockFI 1000X the size, when it turns out they (or the custodians) don't have the BTC they claim to have, and rehypotecation happened 140 times on the same underlying collateral?
please note, you cannot print BTC out of thin air, it's not as easy as going to daddy FED and ask to print a couple of trillions to cover the hole

>>56008904
this. see >>56005481

>>56007202
It's Andrew Polestra's project from blockstream you retarded nigger.
It teaches you the math behind the cryptography and allows you to recreate it with dice and a pencil.

This website's users are fucking pathetic

>>56008909
Meh it's a free market don't believe everything you hear.

>>56008997
I believe that paper shares allows for manipulation.
>>56002840
cool site.

The seething baggies. With no 0% the utility price of btc after it got replaced by xmr for drug trade, is optimistically 150 dollar. Alts go to 0, except xmr, as there is always going to remain a small niche of druggies sourcing online

>>56003014
>>56007250
>>56007943
>it's real in my mind

>>56008336
Finite supply is not a desirable feature for large institutions.

>>55999807
Unless you're buying drugs or Ukrainian child brids what use are you finding for it?

>>55999268

>>55999268
Get this clickbait garbage off my fucking board nigger.

>>55999268
I'm set and accumulating more BTC, CYMi, Velo in my CryptMI app.

>>55999334
>>55999268
>getting legacy finance jews who invented fractional reserve banking on other scarce assets like gold/silver totally won't happen again to btc!!!
are you guys seriously believing this?
come on