Bitcoin is digital cash. money You don’t need banks or any intermediaries to hold it. Also, it’s not wise to hold Bitcoin in an ETF, because the entire fiat system is essentially a giant Ponzi scheme that will eventually collapse due to hyperinflation it’s only a matter of time.
I think that is a serious conspiracy theory, to believe that the
fistfiat system is going to collapse
, the. The system obviously has a lot of
fundsflaws, but it's not going to collapse and we'll be using fiat for a very long time. Self custody is the best way to store BTC, and that is the only way i store my coins, but i know a lot of people run away self
from custody
, because of the wrong belief that they cannot be their own bank. Such people are exposed to BTC through its spot etf.
However, take note that spot etf's are not backed by fiat, but BTC.