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BCB131_DANNY KNOWLES: Bittersweet Bitcoin ETF

Blue Collar Bitcoin

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The Potential Impact of a Bitcoin ETF

This chapter discusses concerns about how a Bitcoin ETF may hinder Bitcoin's growth and lead to price manipulation. It also highlights the importance of caution in leveraging Bitcoin and the potential consequences of being early but wrong. The chapter explores the lack of self custody among Bitcoiners and the potential centralization that could occur with a large influx of people buying Bitcoin through a brokerage account.

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