News for hackers. Stuff that matters.
Re:SEC has not approved Bitcoin ETFs [fixed] by monero-xmr on Tuesday January 09, 2024 @04:23PM (#38932290)
Widely believed Ethereum ETF coming in Q2. Will make it much easier to put 401k / IRA money in, and capitulation by SEC makes a Bitcoin and Ethereum ban in the US basically impossible.
Re:SEC has not approved Bitcoin ETFs [fixed] by xur17 on Tuesday January 09, 2024 @04:26PM (#38932326)
I'm curious if they will allow staked assets within the ETF.
Re:SEC has not approved Bitcoin ETFs [fixed] by tossl568 on Tuesday January 09, 2024 @04:45PM (#38932576)
You think they're going to approve an ETF for a premined unregistered security scam? Ethereum is to Bitcoin as dogshit is to gold.
Re:SEC has not approved Bitcoin ETFs [fixed] by wmf on Tuesday January 09, 2024 @04:56PM (#38932747)
Ethereum is kind of too big to fail at this point.
Re:SEC has not approved Bitcoin ETFs [fixed] by tossl568 on Tuesday January 09, 2024 @04:59PM (#38932789)
No it isn't. It has two use cases, a stablecoin platform and a platform for token scams. It's losing market share all the time to other rubbish like Solana. Why would anyone in their right mind hold chuck-e-cheese arcade token Ethereum as actual money. Hint: they won't.
Re:SEC has not approved Bitcoin ETFs [fixed] by smoldesu on Wednesday January 10, 2024 @06:45PM (#38945277)
You're basically describing Bitcoin in the same words. I despise Vitalik Buterin like nobody's business, but pissing down on Ethereum as a Bitcoin holder is too funny to not call out. Both of them are monopoly-money investments, with the L2 joke altcoins trailing close behind.