One Way Ratchet

ETF Deep Dive Part 3 | Passive Flows & Trade-offs | 011

Unlocking steady stream of passive flows & exploring trade-offs

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