Anyway, in terms of safety, it's safe in a way because you're doing it on a highly regulated and compliant platform, but unsafe in a way because you don't actually own any real Bitcoin, only a kind of ETP. So, you aren't actually in control of your Bitcoin.
Do you think the stock broker owns any bit coin though? meaning they own the bitcoin and you dont they just owe it to you like banks and fiat currency. Or is it just a futures market thing where there is no actual Bit Coin in there?
May I ask why buy in stock exchange though??? Why not just buy in a crypto exchange if you really want a centralized authority holding your coin
Because the bitcoin exchanges are all scam artists!
Anyway, other than Coinbase, what other exchanges have you tried OP?
I cant remember; but I googled them and that rates where all something like 1-4% an exchange
buying shares is not buying bitcoin. its investing in corporations shares where the corp assesses collateral of a trust the corporation holds (as a secondary entity's valuation)
meaning the shares have no actual ownership rights nor voting rights over the btc, as the btc is held in a secondary entity(trust)
not the share holders claim of the main corp
I remember this disscusion on gold and silver ETFs a few times, and it was "can you take out or have delivered the gold and silver from the vault". I guess hear it would be can I have the keys for my shares in btc
[moderator's note: consecutive posts merged]