Bitcoin ETF will change everything

My boomer parents just bought close to a full bitcoin through the new canadian bitcoin etf that started trading today. They would never have bought any if it wasn't for the etf. What a great way for everyday investors to buy bitcoin and not have to worry about exchange fees, wallets, keys, custody, etc. Not only for retail investors but also companies, pension funds etc.

The fact that people can now hold it long term in tax saving accounts and retirement plans is amazing and will truly change everything. In fact, any new buys will probably be through the etf personally.

I know a lot of people here lean to the libertarian side (myself included) and will state, "not your keys, not your coins", but honestly, 99% of people are going to buy to hedge against inflation and invest in this new finance instrument and aren't trying to screw central banks.

Just my 2 sats, once a bitcoin etf opens in the US, you will want to make sure you bought some before that happens.

submitted by /u/erangalang
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Every trade was another brick in the foundations

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Here we go...again!

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To those asking if you should buy now...

If you’re asking if you should buy now you’re not going to buy anyway.

When price goes up you’ll say you should have bought the last time you asked and will ask again if you should buy now. You won’t.

When it dips you’ll be too scared to buy because you’ll think it will dip more and you won’t buy.

When it comes raging back to all time highs you will repeat this cycle.

To the rest of you. Cheers!

submitted by /u/steebulee
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Opportunity for increasing adoption, BCH usage on Gab

I noticed over on Gab(like it or hate it) they only have Bitcoin enabled for payments. I am going to continually make posts daily telling Andrew Torba the founder to drop Bitcoin and add Bitcoin Cash. We all know Bitcoin dev team is bought off by AXA Venture (Bilderberg banking cartal/globalists).

https://pro.gab.com/

https://www.reddit.com/r/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/

https://techcrunch.com/2018/03/15/lightning-labs-just-raised-millions-from-jack-dorsey-and-others-to-supercharge-blockchain-transactions/

submitted by /u/DecentralizedNews_YT
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source https://www.reddit.com/r/btc/comments/lmehl2/opportunity_for_increasing_adoption_bch_usage_on/

Anyone know if BCH is big in the backpacker community? It seems like a perfect fit to me.

Back when I was younger and traveling the world on a shoestring budget, every penny lost was a big deal to me and the people around me. You did whatever you could to avoid high exchange fees/withdrawal fees and bad conversion rates. I would've LOVED to take just one single currency with me that could be used in every country I visited(plus some IRL cash/credit card as safety backup of course).

On the flip side, many of the countries backpackers visit are poor and have unstable or weak currencies, so local hostel owners, merchants and other that cater to this community are usually pretty innovative when it comes to stuff like this. If just a few backpackers passing by would ask to pay in Bitcoin cash, I'm sure many owners would look into it. Especially since the on-boarding process seem so simple these days.

I could see how this really could cause a ripple effect since the backpacker "scene" is pretty competitive. For example, if Hostel A gain a few more customers because of using BCH, Hostel B and C probably wouldn't be far after.

Does anyone know if crypto/BCH is popular in the backpacker community? If not, is anyone doing anything to tap this potentially huge market?

submitted by /u/Bokaii
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source https://www.reddit.com/r/btc/comments/lmh25g/anyone_know_if_bch_is_big_in_the_backpacker/

Do they get it? Nah, they don't get it. There's one future of BTC, and it's BCH.

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source https://www.reddit.com/r/btc/comments/lmgcjj/do_they_get_it_nah_they_dont_get_it_theres_one/