[mikeodds]

Fantastic quote:

Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]

To poke a nest, which other assets are used for the aforementioned activities

[isubkhankulov]

Paper money and gold through the hawala networks. Both have ETFs.

[2OEH8eoCRo0]

Where can I invest in paper money ETF?

[isubkhankulov]

I meant that currencies that etfs :)

[JumpCrisscross]

Hawala networks don’t have ETFs.

[isubkhankulov]

Gold does. The analogy holds.