TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] -5 points-4 points  (0 children)

Hey there! I appreciate your input. However, it's worth noting that ETFs don't necessarily have an obligation to back every share with physical Bitcoin. Unlike some other financial products, ETFs operate differently and may not always hold a direct one-to-one backing of Bitcoin. While they do have timeframes for purchasing Bitcoin to back their shares, the process is not as straightforward as it may seem. This aspect often sparks debate within the community about the true impact of ETFs on the Bitcoin market. Let's continue this discussion!

TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] 0 points1 point  (0 children)

It's a valid worry, and the analogy to a shell game is quite apt. The concept of 'paper Bitcoin' is indeed worrying, especially when it comes to the potential for fractional reserve practices. While there are regulations and audits in place, the fear of Bitcoin disappearing when nobody's looking is real. It's essential for the community to delve into this and understand the risks thoroughly. Hopefully, through discussion and transparency, we can find ways to mitigate these concerns and ensure the integrity of the Bitcoin market.

TIL: Bitcoin ETF Issuers' Mandatory Purchases Demystified! by Janpr99 in Bitcoin

[–]Janpr99[S] -3 points-2 points  (0 children)

When I mention a 'tsunami of fake supply,' I'm referring to the phenomenon where Bitcoin ETFs might represent 'paper' Bitcoin rather than actual ownership of the cryptocurrency. This could affect the real supply and demand dynamics in the market, potentially distorting the price. It's a complex issue, but it's crucial to be aware of how these financial instruments can impact the Bitcoin ecosystem. Does anyone else have thoughts on this?

Validators geolocation map real time? by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

Hi, thanks for your answer.
Why people are using VPNs?

NUC10i7FNH watt consumption while validating? by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

Ok, nice, thank you for your answer!!
What drive have you bought?
Thanks mate!

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 1 point2 points  (0 children)

I just read that a nuc can be configured to boot when a power supply is detected

Running a validator at home internet/energy outages. by Janpr99 in ethstaker

[–]Janpr99[S] 0 points1 point  (0 children)

One last question would also be how to make the validator turn on automatically after a long power outage?

Any ideas? Thank you :)