Replies (31)

John's avatar
John 1 year ago
This chart and the cost of goods in SATs are the same chart. It's the world we were meant to inherit image
I have been asked multiple times if I think bitcoin ETFs will be as successful as gold ETFs were in the 2000s. My response: 🤦🏻‍♂️
Fabian's avatar
Fabian 1 year ago
Let’s think about it… I am not sure if it is a good sign. With the number of independent Bitcoin Nodes stagnant…
Dan's avatar
Dan 1 year ago
Do they have to hold gold 1:1 like they have to hold Bitcoin?
Insane in a way you thought may happen, or insane in a nefarious WTF is going on ? Is one helluva paradigm shift for sure when you see that. People want exposure just a shame not self sovereignty
Default avatar
Rand 1 year ago
makes me think of faces; Chrissy L's-it will come & Larry F's IBIT giddy/*****
Keep in mind, etfs are how they suppress the price of gold. Not necessarily a good thing. This just means more people holding paper representation of bitcoin. I doubt they even have 1:1 holdings.
Default avatar
Rand 1 year ago
insane; doing the same thing expecting different results/*
The real-world implications of Digital vs Analog illustrated in a chart.
Pizzayolo's avatar
Pizzayolo 1 year ago
I think comparing to total gold in ETFs compared to Total Bitcoin held in ETFs gives a better overall picture, but I am sure the trend still applies.