Bullboard - Stock Discussion Forum Purpose Bitcoin CAD ETF Currency Hedged T.BTCC.J

Primary Symbol: T.BTCC Alternate Symbol(s): T.BTCC.B | T.BTCC.U | PRBEF | PPBCF

Purpose Bitcoin ETF (the Fund) seeks to buy and hold substantially all of its assets in the digital currency Bitcoin and seeks to provide unitholders of ETF units with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in Bitcoin in order to provide unitholders with a secure, convenient, lower... see more

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TSX:BTCC - Post Discussion

Purpose Bitcoin CAD ETF Currency Hedged > What do you think will happen when...

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Post by BlueGuitar1 on Nov 07, 2024 9:45am

What do you think will happen when...

What do you think will happen when the USA starts holding BTC as part of its reserves? Or at the very least, a hold on any selling of the BTC it now holds and it is a lot. This is what will happen with Trump in power in January 2025. Buy and hold and GLTA.

This is what will happen:
BTC will go up so much that the current price of near UDS $75K will look cheap. Entities like Institutions and Country states will be competing for a limited supply of BTC. A return of honest money that is anti-inflationary will be available.

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