Hacker News new | ask | show | jobs
by beaeglebeach 926 days ago
With an ETF who cares about price. Buy BTC onto cold wallets, short the ETF, and you can't lose more in dollars than the cost of shorting plus risk of losing wallet .

The major issue with BTC before was you could only hedge in the same gambler shitholes that would go bust as soon as BTC did, making the hedge useless.