SEC has not approved Bitcoin ETFs [fixed]

Re:SEC has not approved Bitcoin ETFs [fixed] by transcriptase on Tuesday January 09, 2024 @05:13PM (#38932977)

I’ll admit it has been deeply entertaining watching the crypto community speed-run 200 years of “finding out the hard way why modern financial regulations exist” and “how to recognize a blisteringly obvious ponzi scheme” in the span of 15 years.

I say this as someone who got his first 0.05 btc for signing up for a newsletter in 2009 or 2010.

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Re:SEC has not approved Bitcoin ETFs [fixed] by mrb on Tuesday January 09, 2024 @05:32PM (#38933223)

0.05? You probably misremember the amount. For reference, in 2010 the Bitcoin faucet gave away 5 BTC just for visiting a web page. A decent incentive for subscribing to a newsletter, more involved than visiting a web page, would have to have been higher than 5 BTC.

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Re:SEC has not approved Bitcoin ETFs [fixed] by transcriptase on Tuesday January 09, 2024 @06:15PM (#38933710)

I must be misremembering the year then! It was 0.05 because I thought it was 5 then found the old hard drive last year and managed to recover it from an ancient bitcoin client. I don’t remember the details but I had to let it sync (downloading data?) for days before I could make a transaction to an exchange and sell.

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Re:SEC has not approved Bitcoin ETFs [fixed] by Jenk on Tuesday January 09, 2024 @05:47PM (#38933387)

In about the same time frame someone offered me 16,000 BTC for a mediocre graphics card I put on a listing. (I turned it down.)

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Re:SEC has not approved Bitcoin ETFs [fixed] by nicwolff on Tuesday January 09, 2024 @05:51PM (#38933444)

Someone has to post it: that'd be worth $736,592,000 today if you'd kept it all.

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