Actually owning your own bitcoin won't be allowed
which will give more value to the BTC you actually own.
If you want no traces left in the fiat system, then cash in person is the best way to do it, yes. I've done this for years. It works well.
not very easy, at least not everywhere on the planet.
the share holders just buy and sell shares into and out of fiat. without ever touching bitcoin
so? why can't they freely do so if the wish? I mean it's their problem after all. Meanwhile, we can hold our own keys and keep doing what we want.
the way the trust is set up. the TRUST OWNS the coins. and the shareholders are just shareholders.
the trust splits the total hoard into "baskets" which then create an allotment of shares..
if a share holder has enough shares to equal a basket, then they can make a request to close the basket and take ownership of the coins of that basket. but a share holder with less shares cant just ask for X amount of btc equivelent to less than a basket
..
as for privacy and bitcoin. i have said many times(post got deleted due to bias) imagine if government said if people use bitcoin on a beach was illegal. instead of crying that beaches were being wrongly treated. smart people wont beg people to get angry and start using bitcoin on beaches more.. but instead read the definition of a beach("sun sand and sea") and instead create a coastline service being very careful not to mention"sun sand and sea".. its how uber got away with not requiring taxi-cab licences