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Don't be fooled into thinking that the Bitcoin ETF is a sell the news event.

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Let's compare Bitcoin to real estate. The wealthy, especially those in wallstreet are heavily invested in real estate as a way to preserve their companies wealth, while also giving them the ability to put up said real estate for large tax free loans that they can refinance and roll over every several years.

Now let's factor in the current state of the housing/commercial real estate market, it's rapidly crashing and may take a decade + to recover, not to mention the human flight from cities and the rampant vacancies. Investors are losing money through lost rent, while still paying property taxes / maintenance fees, and their current inability to refinance their collateralized loans due to rising interest rates.

Now let's examine Bitcoin. Its digital, it's easy and free to self custody, it can be audited 24/7, it has no property taxes or maintenance fees, it's a fixed supply which means that no matter how high demand gets more of it can't be created to dilute the market with, unlike real estate, and you can use it as collateral for loans as you can with real estate with the major difference of being able to quickly cash out if needed unlike buildings which can take months or years to sell.

Now envision New York City being privately owned by people like you and me, wallstreet isn't allowed to own any of the buildings in the city due to lack of government regulative insights, but they're working on a regulatory framework to allow for wallstreet to participate in the market.

Now imagine each building represents a Bitcoin or part of a Bitcoin, would you really want to sell your building right now when you know that wallstreet is about to jump into the market and the price will 10x quickly? Or worse yet, sit on the sidelines with the cash to buy, but waiting in hopes of a price pullback?

My point is that wallstreet is quickly waking up to understanding what Bitcoin is and when the ETF approval goes live they are going to go into overdrive to acquire as much Bitcoin as they can for whatever price they can as they understand the direction Bitcoin is heading in a market that's being destroyed by fiat debasement.

We've had years to front run wallstreet on this, do you really want to sit idly by waiting for a dip that may never come? Or worse yet, sell at what you think is peak of the market only to watch the price double after you sell?

Bitcoin is the most valuable asset on earth and the Bitcoin that ends up in the hands of wallstreet and the wealthy individuals of the world will never see the open market again.

Get your hands on what you can, while you still can, Bitcoin is cheap right now, it won't be for long.

submitted by /u/Bitbuyer313
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