Bitcoin
Bitcoin and everything related. Please don't post daily price. That's low signal info
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The SEC has approved in kind transactions for Bitcoin ETFs, which means you can convert spot BTC into ETF shares without taking a tax hit.
The state would love for you to do this, it makes seizing your Bitcoin incredibly easy for them. They want you to think that holding an ETF is "safer" than risking self custody.
You may be thinking, "oh they wouldn't take anything from me, I'm just a normal guy with nothing to hide."
I got news for you, noone holding ETFs are safe. The state seizes assets and cash from innocent people all the time, they don't even need to prove that a crime occured to do so. They don't care if you aren't a criminal. This will only get worse in the future.
Do not give up your Bitcoin to Blackrock, without self custody, you lose the biggest advantage of holding Bitcoin.
Non KYCed Bitcoin in self custody is like an insurance policy against state oppression and currency debasement.
Bitcoin ETFs are a scam. You cannot truly own anything in the traditional financial system other than cash. Everything else can be stolen from you at any time for any arbitrary reason.
They want your Bitcoin, there is only 21 million of them, don't give yours up. 0 reply
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