How do alum feel about the btc etf investment?

Just curious if there is support, or opposition, or indifference.

My personal view is that this admin will push it as far as they can. Maybe that’s just into 401(k), maybe it’s into privatizing social security (this should have a /s, but even the onion is struggling for parody). Once retail investors dry up, then it’s a short standoff between major holders and then the pig butchering will commence. This will be before end of admin so that pardons can be done.

Also my opinion is that a ‘Harvard’ institutional purchase legitimizes crypto as an investment instrument. So Harvard will be in some responsible for the repercussions.

There is value in crypto. And it does have some use cases - but none that benefit humanity. The most concerning point is that I don’t see anything unique, that couldn’t be reproduced under another name - this makes it value subjective and risk high.

But I’m curious how alumni feel about it.