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Sarcastic_Sharma
Jul 15, 2023 5:17 PM

BlackRocks's 'democratization' of ETF traded Btc .  

Bitcoin / TetherUSBinance

Description

Beware of all such institutions coming in to 'democratize' an already democratized asset since its inception. They will hunt your stop losses. They will make you sell. And just when you will sell at a loss, the institutional rally will start and their democratizing will initiate. The best way to own BTC is still Cold Hard Wallets. Own it, Keep it Away for a few years and sooner or later there will come a means to an end where you will be able to deposit BTC just like Cash straight into your Bank Account. And they will do the same to Btc what they do to your cash. Give you a measly Saving rate of 2-4% while they loan your shit to someone else for 3 times more. Just wait for a BlackRock Backed Exchange/CryptoBank.
Democratize this!
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