Brace Yourselves: The Bitcoin ETF Approval is Coming!

Are ETFs a Blessing or a Curse for Bitcoin in the Long Run?

Then They Fight You’ means that when you face opposition or resistance, it shows that you are making progress and that others are starting to take notice.

All great revolutions encounter resistance as social change moves its way through the people. This can happen gradually then suddenly, but resistance will be there. People do not easily change their worldviews. We (Americans) are about to experience the next chapter in the great monetary war, by way of a Bitcoin ETF approval. This approval will change the course of Bitcoin adoption for better or worse, and is a good reason to be warned of what is to come.

The Bitcoin ETF approval will send a huge message to money managers around the world, that is that “We, the US Government, deem bitcoin a safe asset for you to invest in”. Now If you’re like me, you could care less what the SEC says or does, this is freedom money. But for millions of people across America, this is a big green flag that it is safe to have BTC exposure.

If you have spent any time on Twitter or have followed financial markets news then you are probably sick and tired of hearing about Bitcoin ETF application form updates, pushed deadlines, insider whispers, and all the nonsense that goes along with this big moment. For good reason, this is getting a massive amount of coverage, and for that reason alone you should take a pause to contemplate what is about to happen. The tin foil hat in me is buzzing. Whenever media coverage is in lockstep, this usually means something is being coordinated.

“First they ignore you, then they laugh at you, then they fight you, then you win.” – Mahatma Gandhi

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So what exactly is being coordinated, you ask? Good question, I don’t have the answers, only speculation. I expect the ETF approval to send shockwaves through markets in one way or another, resulting in both intended and unintended consequences. The part that worries me is that we are well in the crosshairs of the US Government as a threat to the regime. In the words of Gandhi, we are firmly in the “then they fight you” stage of the revolution, the only thing about this fight is that the US Government is likely fighting unconventionally. There is a 100% guarantee that they are executing psychological operations on social media, and trained talking heads have been running their lines for months. Both of these activities will increase, which will set the stage for US Government intervention and a possible confiscation scenario. There are so many things happening right now with the ETF, the halving, the election, the state of the overall macro economy, the war in the East… so how will this play out?

VAGUE TIMELINE

Here’s a speculative timeline of events that could unfold:

• ETF Approved
• NY Banking Cartel starts heavy accumulation
• Waves of new experts enter the scene, spewing FUD, claiming to “fix” Bitcoin
• US Government raises more flags about the threat of Bitcoin to US sovereignty
• NY Banking Cartel accumulation increases as interest soars (Streisand Effect)
• US Government issues 6102 Bitcoin
• US Government launches the peg of a CBDC aka Stablecoin variant pegged to the newly confiscated BTC
• Criminalization of ethical Bitcoin (KYC-free)
• Fork war of statecoin and Bitcoin
• US Government learns the hard way about how Bitcoin the network defends itself

This could all be a delusional fantasy from a conspiracy guy, but it’s worth thinking through to at least consider what we are up against. In the best-case scenario, the US Government does nothing to intervene in the markets and Bitcoin will take us to the stars. In another plausible scenario, we could see Mark Goodwin’s Bitcoin dollar thesis come into reality as the US Government discovers that Bitcoin is the most pristine asset and instrument to back the infinite US Treasury market. Based on the track record of the US Government, I expect them to intervene in a very negative way, and a lot sooner than anyone could imagine because Bitcoin’s value will shoot up like a rocket. “Gradually then suddenly” will make a lot more sense as we enter the “suddenly” stage of the fight.

Despite my doomer outlook on what I expect from the US Government, I am very optimistic about the individual. I have seen more building in the Bitcoin space over the past halving epoch than I could imagine. This war will not be easy, and I know for certain that we will enter the “then you win” stage soon enough.

Q&A: What You Need to Know

Q: What is a Bitcoin ETF? A: A Bitcoin ETF is an exchange-traded fund that holds Bitcoin as its underlying asset. It allows investors to gain exposure to Bitcoin without directly owning the cryptocurrency.

Q: Why is the approval of a Bitcoin ETF significant? A: The approval of a Bitcoin ETF is significant because it provides legitimacy to Bitcoin as an investment asset. It signals to traditional investors and institutions that Bitcoin is considered a safe and viable investment option.

Q: What are the potential consequences of a Bitcoin ETF approval? A: The approval of a Bitcoin ETF could lead to increased adoption of Bitcoin, as more investors would feel comfortable investing in the asset. It could also result in heightened regulatory scrutiny and potential government intervention in the Bitcoin market.

Q: How might the US Government intervene in the Bitcoin market? A: The US Government could intervene in various ways, such as implementing stricter regulations, imposing taxes or fees on Bitcoin transactions, or even confiscating Bitcoin holdings. However, the exact nature of intervention is speculative and could vary.

Q: What is the potential impact of a Bitcoin ETF approval on Bitcoin’s price? A: The approval of a Bitcoin ETF could potentially lead to a significant increase in Bitcoin’s price, as it would attract more institutional investors and create greater demand for the cryptocurrency.

Future Outlook: Strategies and Recommendations

The future of Bitcoin is full of uncertainties, especially considering the potential intervention of the US Government. However, there are a few strategies and recommendations that can be considered:

• Stay informed: Keep a close eye on news and developments related to the Bitcoin ETF and government intervention. Being aware of potential risks and opportunities can help you make informed decisions.
• Diversify your investments: Don’t put all your eggs in one basket. Consider diversifying your investment portfolio to include a mix of different assets, including Bitcoin and other cryptocurrencies.
• Develop a long-term perspective: Bitcoin’s journey has been characterized by volatility and resilience. Adopting a long-term perspective can help you ride out short-term market fluctuations and benefit from potential long-term growth.
• Seek professional advice: If you’re unsure about how to navigate the potential challenges posed by the US Government’s intervention, consider consulting with a financial advisor who specializes in cryptocurrencies and blockchain technology.

References

1. Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
2. Bitcoin: 21st Century Piece Eight

Remember, in times of uncertainty, it’s important to stay informed and make decisions that align with your risk tolerance and goals. The Bitcoin revolution is far from over, and as Mahatma Gandhi once said, “First they ignore you, then they laugh at you, then they fight you, then you win.”

So, brace yourselves and keep hodling! Share your thoughts and predictions about the Bitcoin ETF approval on social media, and let’s continue the conversation. Together, we can navigate the bumpy road ahead and come out stronger on the other side. 🚀

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