Australia to get spot BTC ETFs while the US gets Futures Backed garbage...

in #bitcoin3 years ago

This would be funny if it weren't so frustrating...

Many countries around the world have spot based bitcoin ETFs.

Not the US.

Now, Australia is saying they will be approving spot BTC ETFs in the very near future...

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(Source: https://twitter.com/TheCryptoLark/status/1454162117213376513)

Remember when the US used to be a technology and financial leader?!

This is a joke at this point...

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I remember when most of the technological innovations were Finnish, like IRC, SSH, Linux and Angry Birds.

The US has always been a leader or near the lead with innovations and new tech. Not anymore...

I've always thought Japan was the leader... USA pretty much lied between Japan, Taiwan and Singapore... Haven't heard from any Singaporean innovations since Creative released SoundBlaster series soundcards though... Motorola is pretty much only US-based company that did something good, as their mobile phones could be driven over by a farm tractor and still have no scratches...

Yea and Apple just loves to copy what Samsung comes out with...

The funny thing is that Apple does even use Samsung chips in some of their devices ;)

Not to mention both use chips designed by ARM or licensed from ARM.

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