Why I HODL over ETF

Good morning Plebs

I see a lot of post supporting using the ETFs and I understand the convivence this brings to many folk. But for anyone technical enough to Hodl their own keys, I really can't understand why using the ETF makes much sense. Choosing the ETF means you are trusting a historically fraudulent and corrupt money manager to care for your Bitcoin.

If folk think some these legacy asset managers won't attempt to play "games" with Bitcoin. They might have a rude awakening. I am convinced we will see some of these get completely wrecked in ways similar to FTX and so many others.

I would like to remind everyone of the 1st 2 lines of Satohsi's white paper,

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending

I wish you all well, and I hope I'm wrong and these ETF managers don't start playing "paper" games. For me, it's not worth the risk. Bitcoin is and always will be my exit plan.

Not your keys not your corn.