I would like to see all these actors adopt Bitcoin a bit differently: not only as an asset that can protect their accumulated wealth, but also as a medium of exchange and a measure of value. And in the case of governments, as a tool for transparency and public oversight. The very first thing that fascinated me about Bitcoin was the idea that if governments collected taxes through the blockchain, everyone could track how those taxes were being spent.

But governments remain silent about this crucial feature, pretending that Bitcoin is only about wealth preservation. And ETFs help divert attention away from these aspects of potential adoption.