901–910 of 1001 posts
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Can you quote the relevant parts then, since you have apparently read all the prospectuses? I am wondering the same thing. Will they publish the custody addresses?
Sorry, I am not your secretary. You can perfectly fine to go to read those yourself, please do not be lazy.
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> Miners and node operators can operate on whichever fork they want, but that doesnt mean Coinbase or Fidelity or whoever is going to recognize that fork. Mate that isn't how it work. If Coinbase or Fidelity don't recognise the real blockchain then they no longer have real bitcoin, they have a forked coin (because they are not on the true bitcoin chain). The Bitcoin chain is determined by consensus of the majority of…
Yes, it’s all about the consensus of majority of the nodes! Not miners.
again, the cheerleaders who might know math (usually not even that) forget about the ruthless of business
My prediction is that Bitcoin will become fully institutionalized within twenty years, to the point that the “Bitcoin” held by investors are entirely disconnected from the theoretical blockchain. A similar thing happened with stocks. Not so long ago they used to be physical pieces of paper. You could trade shares peer-to-peer and even anonymously by handing over the share certificate to someone in person. For dividen…
When I realized I had them, and tried to deposit them in etrade, it all went well, except the certificates were returned "no longer valid eschewed to the state of delaware".
The bummer is that the stock was running at about $80 then, and is running at around $150 now.
sigh.
So they will be valid, but there will paths that will "expire them".
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This is right on the money. It's incredible to think about really: the one technical feature that truly differentiates crypto from all other forms of currency -- namely, a cryptographically strong guarantee that no one else can touch your money -- gets thrown away routinely and no one minds at all.
Why would I mind if other people hold their money themselves or use a custodian as long as I have the option to custody my own money? Let people choose
It's like watching someone buy a padlock to secure something, but then immediately cut through it with a boltcutter "to make it easier to get my stuff out".
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Using Bitcoin network to move small amounts of money is akin to using a jumbo jet to go grocery shopping. There are better blockchains out there for small money transfers.
So, I have to go through a multitude of swaps, i.e losses, if Bitcoin is the real deal?! I've tried it, it's even more expensive than doing it directly!
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Why would ETFs become a main way? Bitcoin is still a currency, can I trade, holdl or spend my ETFs?
> Why would ETFs become a main way? About 70% of the S&P 500 stocks are held by mutual funds or ETFs rather than individually held. If you trade stocks and would like to buy bitcoin (as an investment) are you going to do it with an ETF through your broker where the money is protected fairly well by law and insurance, or manually and make sure you don't loose it, or through an unregulated crypto exchange? Use of Bitco…
I get your point but without bitcoin being an actual real thing the whole ETF thing won't last either.
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" Nothing underlying it " is a pretty good description of crypto tokens in general.
Or fiat currency in general. Let's not pretend modern fiat is backed by something solid. The only thing backing it these days is the promise of our grandchildren & their grandchildren being good to pay back debt, eventually.
Is there any guarantee that if this goes wrong (let's say ETF's are hacked and lose their BTC) then assets in other ETF's are safe? Let's say BlackRock ends up on the hook for billions after their BTC ETF goes wrong. Are my shares in iShares NASDAQ 100 ETF safe? I want to make sure I don't have any exposure to crypto world by owning stock ETFs. If there is any scenario that I am on the hook for crypto nonsense going…
Imagine being this paranoid. I believe you and your money are safe. Have a nice day!
The strong anti-Bitcoin sentiment on HN is still amusing. It goes way back - 13 years or more. Having read many of these negative comments, I think part of this sentiment boils down to the commenter seeing no point to Bitcoin. Just this thread has examples. It must be more than a little annoying to feel very strongly that Bitcoin is pointless, but to also notice that it's still here. Year after year. If that shoe wer…
Hacker News was pro-crypto circa 2015 when Coinbase launched. The change of the tone here is mainly because of the changed audience. Hacker News was originally a forum for founders and hackers. Now it is a general forum for salarymen software developers.
I have a feeling Bitcoin discussions can get quite more interesting in here if it had no monetary values but people can be sensitive when money is involved.
Is there any guarantee that if this goes wrong (let's say ETF's are hacked and lose their BTC) then assets in other ETF's are safe? Let's say BlackRock ends up on the hook for billions after their BTC ETF goes wrong. Are my shares in iShares NASDAQ 100 ETF safe? I want to make sure I don't have any exposure to crypto world by owning stock ETFs. If there is any scenario that I am on the hook for crypto nonsense going…
> Is there any guarantee that if this goes wrong (let's say ETF's are hacked and lose their BTC) then assets in other ETF's are safe? They're as safe as any other share or ETF of a company that could be hacked or robbed/suffer a disaster of some kind, or indeed any regulated bank, broker, exchange etc. As the BTC securities would be a small part of the total value of the Organisations holding them - I would assume th…