Right. To put things in their proper perspective THEY want YOU to either trade your #USD or your #Bitcoin for a claim on a trust that holds a pro rata amount of #BTC held in custody by ONE (1) entity so THEY can (i) earn fees on the #ETF, (ii) earn through re re re hypothecation and, (iii) make additional markets in a theoretically unlimited number of claims on claims on claims to shares of those trusts and on #Bitcoin itself.
I’m still not off the ledge
TargetInflation / JSON Meyers
npub1j2…56hms
2023-12-09 18:02:17
in reply to nevent1q…0jxr
Author Public Key
npub1j2cw25ns44recx5ehpaqg6qk2vmhtqq4zp0q9ygl4qz722kqxv3qc56hmsPublished at
2023-12-09 18:02:17Event JSON
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"pubkey": "92b0e55270ad479c1a99b87a0468165337758015105e02911fa805e52ac03322",
"created_at": 1702141337,
"kind": 1,
"tags": [
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"content": "Right. To put things in their proper perspective THEY want YOU to either trade your #USD or your #Bitcoin for a claim on a trust that holds a pro rata amount of #BTC held in custody by ONE (1) entity so THEY can (i) earn fees on the #ETF, (ii) earn through re re re hypothecation and, (iii) make additional markets in a theoretically unlimited number of claims on claims on claims to shares of those trusts and on #Bitcoin itself.\n\nI’m still not off the ledge",
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}