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Simply Bitcoin
BREAKING: Bitcoin Spot ETF to be Approved Friday!? | EP 866
Nov 13, 2023
Nate Geraci, an expert in Bitcoin ETF approval, discusses the potential approval of a spot Bitcoin ETF, its impact on the market, and the importance of self-custody. The podcast also covers the educational aspect of Bitcoin, its disruptive nature, and the speculation surrounding the approval of Bitcoin ETFs. The hosts highlight the need for self-protection and the availability of hardware wallets for self-custody. They also engage with their audience, share Bitcoin-related memes, and emphasize the importance of supporting the show and spreading Bitcoin content.
01:12:27
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Quick takeaways
- The potential approval of a Bitcoin spot ETF could lead to increased liquidity and a possible price surge.
- The risks associated with the ETF, such as re-hypothecation and selling of paper Bitcoin, highlight the importance of self-custody and government regulation implications.
Deep dives
Rumors of Bitcoin ETF approval continue as date approaches
The podcast discusses the upcoming deadline for the approval of a Bitcoin spot ETF, which is expected to be on November 17th. The hosts speculate on the potential impact of a Bitcoin ETF, including increased liquidity and the potential for a price surge. They also discuss the risks associated with the ETF, such as re-hypothecation and the selling of paper Bitcoin. The hosts highlight the importance of self-custody and the potential implications of government regulations and demonization of self-custody. They emphasize the need for individuals to get involved in spreading the word about Bitcoin and taking control of their financial freedom. Finally, they discuss the ongoing battle between Bitcoin and the traditional financial system, and the significance of Bitcoin as a tool for individual empowerment.
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