“You buy shares for 80 cents and you liquidate the Bitcoin for 100 cents”
TB
Tice Brown
Money Stuff: The Podcast ·
Lorenzo Valente · Unchained · Why Crypto Buybacks Are 'the Wrong Way to Allocate Capital'
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When a friend wants to buy Bitcoin for the first time, he recommends buying a Bitcoin ETF instead of a self-custody solution
“You buy shares for 80 cents and you liquidate the Bitcoin for 100 cents”
“I used to tell people, get off zero… take five dollars and buy some Bitcoin… you're going to pay attention.”
“‘...the friendship index... a friend gifts another person... that friend will then buy a third person... advertising to two instead of one.’”
“Buy a good gold ETF… we always knew it was a good thing to buy, but we just didn’t buy it on this side. In a liquid format.”
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