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/biz/ - Business & Finance

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57190113 No.57190113 [Reply] [Original]

Why is everyone so hyped about the ETF? You do realise this allows btc to get controlled by huge funds, asset managers and governments right? There won't be any more bull cycles like we get now. You may not like this but that's the truth.

>> No.57190180
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57190180

>>57190113
>Why is everyone so hyped about the ETF?
Because it brings more Liquidity and more financial products that more People can access.
>You do realise this allows btc to get controlled by huge funds
They cant control it, its open source and decentralized and competition will only increase.
>There won't be any more bull cycles
not true, there will be even bigger bull cycles because now all the Trillions of dollars can get exposure to Web 3.
this is huge and its literally tens of trillions of dollars.

>> No.57190217

A spot ETF probably means a last bullrun, as we know it.
Considering that they then need to "physically" own the Bitcoin there will be a huge demand.
But doing so BTC will be insanely centralized, literally the last opportunity to sell your bags to the greatest fools... those who control the banking and the economic system.
The greatest transfer of wealth in the history of human kind.

>> No.57190283

>>57190217
>btc will be centralized
You mean the coins themselves? Who cares? Will the bitcoin network be centralized? No? Then wtf are you even on about. Bitcoin will remain decentralized. This is POW not your POS shit coin

>> No.57190285

>>57190113
>There won't be any more bull cycles like we get now.
This will be the last one. The Golden Bull Run.
>>57190217
>literally the last opportunity to sell your bags to the greatest fools... those who control the banking and the economic system.
4chan's greatest moment. Never thought an anime porn forum I'd go on after school in the Bush Jr. years would lead to this.

>> No.57190637

>>57190217
>coins will be centralized
Well good that Bitcoin isn't a PoS.

>> No.57190643

>>57190113
>this allows btc to get controlled
the bitcoin network derives consensus from user nodes, you absolute retard
it's not a stock

>> No.57190644

it's just chatbots. it's headlines and chatbots milking the market for little puffs of liquidity over a catalyst that nobody unironically cares about. enjoy the show it only gets worse

>> No.57190652

>>57190644
I'm tempted to screencap your abhorrent post

>> No.57190656

>>57190180
This guy gets it.

>> No.57190674

>>57190113
It's the beginning of the end