This has never computed in my SnG brain. So you take the World Reserve Currency ($US) that is now known to be backed by NOTHING (but at least you can see and spend it anywhere)…. and you exchange it for a Bitcoin that is backed by NOTHING (and you can’t even see it), and even worse, most now don’t even buy Bitcoins for which at least you get an invisible “Digital wallet” where you may be able to find another “believer” who will sell you something for your Bitcoin; ….now they buy the Bitcoin ETF which is basically like a hologram or a mirror image of the thing you have never seen that had no value and doesn’t actually exist, so they can trade it on the stock markets????????????????????
No wonder people are looking for another habitable planet. Sign me up for the next flight Elon. I’ll take my chances getting through the Van Allen Radiation Belts with my actual Silver and Gold in my hand, not in my Bitcoin wallet or ETF!!