I have no interest in ETF's at all. As far as I can see it's just the old guard, the old system, call it what you will. It's all based on greed and nothing else. It won't effect Bitcoin in the long run, as if it did, then Bitcoin would be useless. It's permissionless, borderless and trustless for a very good reason. So they rejected more ETF's, Bitcoin don't care. I got this far without any help from the bankster cartels and their lackys.
@nickcook \ a lot more things will have to change for the new #cryptomoney to fly; specially the printing #fiat & monetizing w/ #petrowars vs #PoC
@nordwind Indeed there are many things that need to change. But Bitcoin now has 'THEIR' attention. And in truth, they would be blind not to see it's a better system. Of course the trouble for them is that with Bitcoin, there is little need for them to be involved at all. And that - I believe - is causing them some serious dissonance in their world view. It will take time, but looking at the infrastructure being built out, that light at end of the tunnel is not the FIAT press, it's Bitcoin coming
@nickcook | right now its a very critical time/space for #blockchain technologies | but #fiat is definitely fighting back hard | in the not very distant future I expect #fiat to order puppet Gov't to shut it down as it is the #Uber of #fiat money!
@nordwind Bring it on. I look forward to this part; when they try to stop a decentralised system. The most powerful computer network in the world, for that is what Bitcoin is. I run a full node, as do thousands of others.It's not possible to shut it down, even if they legislated against it. It's nine years old now, and getting ready to go to Big school and it has sharpened it's skill specifically to deal with what's coming.Of course it would be better if governments conceded that FIAT has failed
@nickcook |
#fiat behavior is clear from historical record as to what it does. Brutal force/greed/moneyhoarding.
Hopefully, it will be brain (creative-programmers) vs #fiat greed, in which case I know what will win.