A #Bitcoin ETF is paper Bitcoin.
However, it seems like a net positive for #Bitcoin because it will drive adoption and people will sooner than later realize the importance of self custody and when they do, #Bitcoin wins.
“#bitcoin was launched into the world as a one of a kind technology: a non-state digital money that is issued on a perfectly fixed, diminishing, and predictable schedule.“
- Robert Breedlove
Future generations will have a hard time believing that we once used a form of money that was controlled by a few people which the rest of humanity had to work for.
“New technologies are creating the first self-sufficient communities of individuals capable of functioning independently of governments, corporations, and other traditional institutions. These communities will fundamentally change the nature of power, crime, and politics."
-The Sovereign Individual