Read_794 - Open Letter To Prospective ETF Buyers

January 26, 2024 00:33:09
Read_794 - Open Letter To Prospective ETF Buyers
Bitcoin Audible
Read_794 - Open Letter To Prospective ETF Buyers

Jan 26 2024 | 00:33:09

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Hosted By

Guy Swann

Show Notes

"Bitcoin enables perhaps the most powerful mode of ownership ever devised; it would be akin to gold inside a safe that can’t be penetrated with all the energy the universe, and with a password that you know but which could not be guessed over the entire lifetime of the universe."

~ Allen Farrington


What if buying an ETF of Bitcoin, is contradictory to the very investment thesis of Bitcoin itself. Knowing the investment thesis for bitcoin, should entail the understanding that bitcoin's value proposition is undermined by the very notion of holding a credit instrument in its place. Farrington breaks down a few of the reasons why in this excellent, short letter to those considering a purchase of the newly approved bitcoin ETFs.


Check out the original article at An Open Letter to Prospective Buyers of a Bitcoin ETF. (Link: http://tinyurl.com/ykktptk4)


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