I dont think so @KashyBoy -- good to have some redundancy in case you lose your keys or something.

At this point, the only wrong move is to have no exposure ;)

Very interesting developments in the US with Trumps VP choice (who is an advocate), and the fact Trump himself speaking at the biggest bitcoin conference next week. I'm no fan of the Orange bafoon, but there is some signal in the fact that the leading presidential candidate even has it as part of his platform.

Also, it seems to be gaining increasing traction among the tech 'elite' (Most recently, Mark Cuban, Michael Dell, Bill Ackman and Peter Theil).

And then, of all people, even Jamie Dimon has supposedly changed his mind (according to Forbes). And good old Larry -- the dude that runs Blackrock and who manages US$10 trillion in assets -- was on CNN again last week singing it's praises.

The Overton window is rapidly shifting.

Not Jamie Dimon, who would have guessed.

Not sure if this is positive but i am sure the shift has come from a business perspective in terms of generating more revenue for JP Morgan.

Bitcoin is and will increasingly play a part in the election process as it one area in which we have clear differentiation between Republicans and Democrats.

JD Vance is further evidence .

Trump speaking at Nashville Bitcoin conference next week will be huge in the signal he provides on the way forward if elected.

The ultimate position would be for Trump to not only protect the rights to mine and self custody but for the US government to increase its holdings of Bitcoin as a means to counter the growing fiscal deficits being accumulated.

Will be watching with interest....

Disc: Hold Bitcoin and VBTC

Still yet to capture Peter Schiff.

I personally don't believe we see a hyper Bitcoinised world. The human psychology enjoys seeing positive reference to a number going up and to defeat that psychological bias will require a reforming over generations.

For what it's worth my plan is to hold Bitcoin through an etf through my company structure and in 10 years time have that paying me an income by drawing down upon it as needed.

Interest @Remorhaz

Arguably still too high, but I reckon fees will drop fast as FUM grows.

It should track the price pretty closely @topowl I'd expect very little divergence over time, accounting for fees, as these are spot products which directly hold the underlying .

But obviously things can move around a lot when the ASX is closed. What you'll see is the price adjust when trade resumes for the ETF. Unless you're day trading this stuff (which I wouldnt recommend), it's not something to worry about imo.

Thanks for that.

Can I ask if you would be comfortable buying this etf in real life, or would you 100% only buy your own btc and store it in a cold wallet ?

Just aggregating some opinions…honestly I can’t trust myself that I wouldn’t lose my cold wallet or keys..lol

messy house, lots of kids…lol

Yeah, i think the ETF is a perfectly decent option. Just know that it'll cost you ~1% in fees. Also you cant spend it (probably not a concern for most).

There's an increasingly small chance the legal landscape will shift against BTC (if anything it's getting more friendly despite some annoying policies from banks), but if you hold directly it cant be seized or censored. I get it's daunting, but it really isn't that hard. Plus there are some very cool custodial solutions (check out the BitKey from Block) which mean you don't have a single point of failure.

Thanks for your thoughts on it!

Always appreciated.