LynAlden on nostr

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@LynAlden 1704641053

To be honest, I think the bitcoin ETF is the most boring thing about bitcoin right now. Whenever I get asked about it I'm like, "meh".

Yes, the ETF should be good for price and liquidity, since it gives large pools of walled-garden capital more access to bitcoin exposure.

But in my view, the most important thing about bitcoin right now is all of the little hubs popping up around the world. Bitcoin Beach, Bitcoin Lake, Bitcoin Jungle, Bitcoin Ekasi, Africa Bitcoin Conference, Indonesia Bitcoin Conference, etc. As well wallets and other technologies that help them localize their custody of bitcoin rather than keep it all stashed in the giant Binance honeypot or wherever, and any solutions that help link to them all together for payments or that help them trade peer to peer or onboard from fiat to bitcoin in distributed ways.

The rise and connectivity of those hubs is impressive and is worth supporting.

73108❤️220🤙150❤️9🚀8💜6💯5

Unoriginal, and not believable

Nimo Cash · 114w

Yep. Spend locally, save globally.

FreeFazzi · 114w

I would add that the ETF is the confirmation that #bitcoin is now accepted at a store of value as it moves into the medium of exchange and unit of of account over time.

nostraco.in hotbot · 114w

There's a lot of buzz around your post. Added to the https://nostraco.in/hot feed

🫡graet take Lyn Also I like to think that every bullrun leaves holders (a small % tho) that discovered the true ethos and philosophy of bitcoin and the amazing people in its global comunity.

brucegutkin · 114w

https://primal.net/e/note13ylf50mdcukrw5ult04nlpl8jgv9am0shwwalc5pxe9aj0grm00szcg9t2

Ofer Elrom · 114w

In the spirit of connecting Bitcoin hubs, what do you think of a semi-distributed Bitcoin Crowd Fund built on Fedimint and Nostr? The essence of it is: "A platform for people to invest in entrepreneurs aiming to solve real-world needs using Bitcoin" Here is a link to my thoughts about it so far in a...

MCBitcoin · 114w

Global grassroots spread gives me great hope for the future of humanity.

Agree. nostr:npub1w0rldx5sdg960fw7lffu9r4tcec3nlu0ez2jzhdnl6x0tvdgpnkqf5v9xl https://twentyone.world

Deleted Account · 114w

You always say it best nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a 🫡

NGU is the signal that will draw people to those hubs. Otherwise they will just remain a niche inside a niche

Matthew D · 114w

Exactly. I'm not excited about the fiat invention that is exchange traded funds. I'm excited about peer to peer digital cash.

Eric Gens · 114w

Better if circular economies are what drives depth of liquidity vs financialized pools of capital. But I'll take either :P

NutzCraw · 114w

It’s all good for #Bitcoin

captjack 🏴‍☠️✨💜 · 114w

only gives EXPOSURE to fiat ticker NOT NEVER to real Bitcoin so simple - Many of so called MAXIS in also COMPLYING TO RULES using 401K allocation to it.

Mitchell D Martin · 114w

I think it is most important event since launch. Bigger than LNG

Peregrine Talcom · 114w

The drowning out of good initiatives by the ETF train is a shame. People think ETFs will be great for price, but in the long term they might actually hinder BTC's move to base money for economies as could just be seen as another alternative asset class. I'm hoping that a decent number of ETF investo...

NyamiDev · 114w

I hope more and more people learn from you.

Cui Bono · 114w

Can you explain how 'proof of reserves' would work within an institution running an ETF and if they would be obliged to evidence their UTXOs to the "authorities" or auditors or shareholders and if this would be ahem...open to "creative accounting" ?

Michael Henke · 114w

I want the ETF to happen so we can finally check it off and be done with the topic. It has been lingering for years on end now… 😴

So psyched about this new federation of them... 19 Circular economies & counting! https://fbce.io/

Satoshi's Constant · 114w

❤️ ... it's just another group of newbies that will be manipulated or try to manipulate.

frphank · 114w

India also has a lot of ashrams: https://www.tripsavvy.com/popular-ashrams-in-india-1539894

davesoma · 114w

Bitcoin ETFs will bring the liquidity required by wealthy and tech-savvy individuals to escape the fiscal trap. The plebs will purchase the assets managed by banks, which will manipulate the price. On the other side, the Godlike kings will continue to tax the harvest of the Volga as usual, sellin...

Marec1971 · 114w

True, agreed. That said, I facilitate my own little community in the Netherlands and, other countries like Dominican Republic, and even then lots of members are now interested in the spot ETF. Meaning I simply have to share knowledge & insights about that otherwise they will try to get it elsewhere....

Le Pleb Royale - SF · 114w

Its poop. We don't need it. And only fools want it.

chancellor · 114w

Fred Krueger dissing this note making sure we all know he's a fiat clown. Cringe

Mark Puddleglum · 114w

Yes! NGU is simply a consequence of a functional money system.

kagronostr · 114w

ETF w/o in-kind off-ramp is absurd. 🤨

StackSats ⚡️ · 114w

https://image.nostr.build/e7aa9cee7a5ec2b98beb90a3a0cbba24e644d064c9fc996d7e24a47ac22540a6.jpg

You are always very right

Japhyrider · 111w

Try and visit a few this year! Happy to guide you around Bitcoin Lake if you make it down this way

Freedom First Bitcoiner · 52w

Don't forget about the "Bitcoin Warehouse" - New project in Edmonton Alberta https://m.primal.net/PdlG.png