In this video, I discuss the limitations that come with owning a Bitcoin ETF, instead of controlling real BTC by holding your own private keys.
Shares of a Bitcoin ETF are trapped inside of your brokerage account and the existing fiat system. That means that they can be frozen, confiscated, or otherwise captured and controlled by other people. This is why Bitcoin ETFs are not freedom money.
By contrast, when you hold your own Bitcoin private keys on a hardware wallet, you have the ability to send BTC to anyone in the world, without needing to ask anyone's permission. You also don't need to worry about confiscation if you hold your own Bitcoin private keys.
Get a good hardware wallet like the BitKey, Blockstream Jade or Coldcard. Buy it directly from the manufacturer-- never buy a used hardware wallet or one from a 3rd party seller, as it could contain malware or compromised hardware.
Not investment advice! Consult a financial advisor.
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin #blackrock
Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
