In 3rd and final part, Dan gets into:
- Bitcoin ETFs will be including in countless portfolios, ETFs, mutual funds and new products
- Unlocking a large steady flow of capital into Bitcoin
- New gold/BTC and treasuries/BTC hybrid products?
- But like evrything in life, no solutions only trade-offs
- Bitcoin ETFs are not Bitcoin
- ETFs will be massively bullish to price of Bitcoin, but not necessarily to Bitcoin itself
- Satoshi created Bitcoin exactly 15 years ago as a solution to problems of big traditional finance
- Taking real Bitcoin into your own self custody is the exit ramp from big banks
- Bitcoin gives power to individuals, the ETFs give power to the big banks
- No trusted third parties
- Our one and only chance to separate money from the hands of government and control of the state