Next milestones:
- Jan 25: FASB fair value accounting
- Allowing banks to custody and buy bitcoin for their clients (SAB121)
- In-kind creation and redemption of ETFs
1 Like
I think the topic itself is way too focused on the specifics, not looking at the instrument from the abstract.
We’ve shifted comparisons and instruments to find a clear advantage or a differentiator that would make it worthwhile shifting to Bitcoin. We’ve found none, or not strong enough that would warrant widespread adoption.
Having this in mind, why would I trade something that I deem bad, for something just as bad? Nobody is arguing that our current systems in place are good, ppl are arguing that BTC is not better either.
This is not an argument for accepting mediocrity, this is an argument that you need at least clear future potential to start iterating. This potential is missing from BTC, however, as Edison would’ve said, now at least we know one more way that doesn’t work.
Toc toc………
2 Likes
Who’s there ?
2 Likes
heavenly trumpet
Do you think trump will do what he promised at the bitcoin conference in nashville?
Mainly the strategic bitcoin reserve?
Sure, he will build it just next to the wall at the Mexican border.
5 Likes
Who has titanium balls and is still 100% crypto exposed since December 2022 ? 
2 Likes
Absolutely nobody for sure 
(Just like nobody is 100% equity exposed, across entire NW)
There are crypto futures, easy 5000% exposure.
1 Like
I guess @stojano would be if it would be possible to invest his 2nd and 3rd pillar into it 
4 Likes
yep, I’d go 100% Bitcoin (not Crypto!)… right now max 5% with VIAC possible, and I have no influence on my BVG.
I’m ca. 96% BTC. Rest some: CHF, added max Gold and max Commodities ETF to the VIAC 3a earlier this year.
Not sure about that… but I’m sure other countries are already building it (according to Jan3’s Samson). And at some point, the game theory will kick in and any country will have to.
BTW… a small update on VIAC with IBIT shown in March. Feels a little bit underwhelming. (esp compared to the acc with IBIT, Gold and Commodities… which I added maybe in May or so). But we’ll see in the next 12 months how this will play out.
Well the statement was to forbit the sale of the bitcoin the US already holds, which is currecntly about 23000 btc.
Not as ridiculous as the wall
I wouldnt hold btc in 3a.
Income is accrued tax free, so better for dividend or fixed income.
Capital gains are taxed on payout… also not attractive if you think btc will moon.
3 Likes
Well, if it really moons, this will be probably my smallest problem.
3 Likes
Wouldn’t some equivalent (tiny) leverage in taxable be preferable? You could even deduct the interest from your income.
I’m not sure if I fully understand.
You mean like furures? I do some modest “trading” for fun on Kraken and Binance.
Interests I paid can be deducted? Have to calculate them to see if it’s worth the hassle…