I am fully with you. It is insane how people could even consider ETF a good thing for crypto. I think a lot of has to do with the fact that many people still do not even understand the freedom that has been provided by cryptocurrencies.


^^ That is the exact thing that raises a lot of concern for me. You would not believe how many times in presentations i have to remind people of 2008, something that happened only 10 years ago. People have forgotten that in the US alone 10M people lost their homes, that 16T was used to bail out banks overall globally. Yet they go to the same people and ask them to endorse Bitcoin instead of laugh at them for even wanting to be a part of something they never had anything to do with. I fear in time they might even claim they were the ones you who created Bitcoin.

I think we are in an era in which people have forgotten the cost of liberty and freedom, it was something which was handed to most new generations, and as such perhaps it has to be taken away for people to truly understand the depth of the situation.

ETF and Bitcoin in the same sentence is as strange as seeing healthy and cigarettes together.  

There is a lack of awareness among the investors and hence most of them make decisions based on the market sentiments instead of doing their own research. It is the reason why there is a lack of confidence whenever the investment decision is taken by the investors. Sometimes, random news can trigger the panic selling wave in the market.

Yes, it can be thought by a group of people or businessmen to use bitcoin for different purposes. But also need to take necessary steps to avoid their thinking of regulation on bitcoin. Need to be more careful on this matter, especially from cartels.