I suspect that there are likely going to be a lot of guys who might have decently good intentions to pass on their coins, but they do not get around to putting a decently good plan in place in order to communicate the location of (and also the ways to access) all of their coins.. so maybe they leave instructions for some, but not for others... In the coming years, the access (keys) to more and more coins are going to be lost...and thus donated to the whole of the then bitcoin holders by default.
I read the whole post.
And exactly that is my point of view there should be anyone whome your coins to be passed.
If there is Bitcoin so h/s must has the knowledge about Bitcoin, to whome these coins will be given. The owner should focus on the education of heir. Should be preplanned that how h/s can access the private keys. If h/s has the knowledge so h/s will focus on holding.
Maybe in a patronizing and obstinate way, you are continuing to moralize and impose your views about the "should" that you believe in rather than recognizing that people vary in their approaches and in their views in regards to these matters, and some people might be more flexible than others in terms of either learning or changing their practices or establishing practices that may or may not be similar to the ones that you are suggesting to be needed.
I fell the market has worsened due to ETFs.
Too early to know, but
1) I doubt that the BTC market is worse because of the existence of 11 new BTC spot ETFs in the US financial system.
2) Why worry about something that you cannot control anyhow.. meaning that no one can really stop various financial products coming to BTC
3) ETFs are likely to put ongoing upward price pressures on bitcoin, so they are likely going to benefit already existing BTC holders as compared to new entrants who are likely going to find BTC prices higher because of the ongoing and persistent upward price pressures that are partly attrributable to the existence of the new BTC spot ETFs that have come onto the market.
Although the price has increased slightly.
BTC prices likely largely went up from $27k to $49k (between October and early January) without hardly any correction during that time due to sentiment around the BTC spot ETFs being approved prior to their approval.
But we would certainly have been able to see better regarding the upcoming Halving.
I am not sure what this means.
ETF users are fiat lovers.
Who cares? The ETF provider still has to buy BTC to back up the same as the client if the clients buy shares in their ETF.
It is not possible to estimate the value of Bitcoin by them.
That is true. Better to buy BTC rather than owning inferior products, and yeah BTC spot ETFs are inferior products, but still does not stop people from preferring the inferior product because from their point of view, they are ONLY able to buy BTC and/or get price exposure to BTC if they do it through an ETF product.. And, the BTC ETF product is ONLY valuable because BTC is valuable.
