Quote from: dansus021 on July 27, 2023, 12:48:47 AM

Quote from: Wind_FURY on July 11, 2023, 06:55:56 AM

I respect your opinion and you have a point, but I can't entirely agree. Bitcoin is a blackhole for fiat currencies. If the Cabal behind the Central Banks print more, Bitcoin will absorb more and add to its market value. It's currently right there happening in front of us, and the ETFs will make the trajectory to six digits steeper and faster. Plus wait for QE when there's more liquidity available in the system. It might be "Oh My God It's Christmas" during March of 2025.

Wait?

Would be great right if bitcoin drive its value and more and more people join the crypto industry right or I am missing something here so in my opinion Bitcoin ETF is great but anything also has advantages and disadvantages

the big Disadvantage is those companies like BlackRock and other US companies will have the majority of Bitcoin maybe in total would be couple of percent of Bitcoin supply and the ETF buyer dont have real impact to Bitcoin world

I'm tired of wasting time, making the same debate like a broken record. Read the part in OP about Gold's ETF and just connect the dots.

Quote from: Lucius on July 27, 2023, 10:45:16 AM

Quote from: Wind_FURY on July 26, 2023, 02:29:49 PM

~snip~
I have no fascination. Simply noticed the large difference in networth between Chad Saylor and BlackRock. Larger networth = Possibly a larger investment into Bitcoin. It probably might be three times Saylor's investment by BlackRock? More if we consider the investments of the other major asset managers?

Of course, the difference in capital that you mention is incredible, because a few billion $ compared to $10 trillion managed by one company together with all other companies/funds make up tens of trillions of $ in value, and all this in a possible combination with investing in Bitcoin definitely tickles the imagination of anyone who thinks about it.

The question of all questions is how much interest there is in investing in Bitcoin through such funds - is it 1%, 5% or maybe even 10% - are we talking about tens, hundreds of billions of $ or even trillions of $?

I actually don't know, but if BlackRock was accurately described in this post, https://bitcointalk.org/index.php?topic=5459385.msg62598645#msg62598645

Therefore I truly believe BlackRock will make the largest investment by an institution/asset manager in Bitcoin's history.