this post was submitted on 15 Jun 2023
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Bitcoin

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BlackRock Close to Filing for Bitcoin ETF Application: Source (www.coindesk.com)
submitted 2 years ago by brihuang95@sopuli.xyz to c/bitcoin
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How do people feel about Bitcoin ETFs? I personally don't see the appeal but I guess it helps make it more accessible to some folks?

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[โ€“] steven 2 points 2 years ago (1 children)

Yeah I am in favor only because an accepted ETF adds an extra hurdle to a later ban. Embedding Bitcoin in existing systems helps make it harder for governments to later ban Bitcoin when it really starts to hurt them.

[โ€“] ComradeKhoumrag 2 points 2 years ago

Especially when that system is fucking blackrock